Topic updates
Development Finance - The Myth of the Chinese Debt Trap in Africa
20th March 2022
This is an important clip to help understanding China's engagement in Africa, and one that looks to dispel the myth of the Chinese 'debt trap'.
Bloomberg's clip looks at Chinese investment in sub-Saharan Africa, but finds little evidence of the debt trap. Instead, they look at the different models of engagement: whereas the US and EU have offered aid and social safety networks, China has offered to build infrastructure. And there are no prizes for guessing which approach is more attractive.
- Economics
- Blog
- Topic updates
- Development Finance
- Development Traps (Collier)
- Development banks
- Development goals
- Economic development
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
You might also like
Economic Growth and Development - Vehicle Manufacturing in Rwanda
26th January 2023
How to make poor areas richer
20th January 2023
China's population falls for first time since 1961
17th January 2023
Sri Lanka caught in dance between rival geopolitical powers
13th January 2023
Are hedge funds holding up vital debt relief for Sri Lanka
10th January 2023
Demography and Development (Introduction)
Topic Videos