Making development bank lending safe for poor countries | View Points
By Barry Eichengreen and Ruurd Brouwer
Source: ammonnews.net
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Why debt solutions, climate action should be priority at Macron summit
Nigeria as well as other developing countries need climate finance that doesn't come as loan
Source: thecable.ng
Malawi's former president: 'Africa's food systems are in danger of failing due to high debt and climate change. A new financial pact can reverse this'
Climate change is undermining what progress has been made across the continent in the last few decades. Hunger, malnutrition, and poverty are on the rise.
Source: fortune.com
Making Development Bank Lending Safe for Poor Countries
Jun 18, 2023 // Global leaders will soon gather in Paris to build a new financial contract between the Global North and Global South. The summit should reform how the World Bank recapitalizes following exchange rate-related losses, which will benefit poorer countries, write Barry Eichengreen and Ruurd Brouwer.
Source: diplomaticourier.com
Debt Suspension Clauses to the Rescue?
In this note we assess the potential short-term fiscal impact of these instruments. We look at three major natural disasters over the past two years and assess how much relief each country would have received if DSCs had been included in the totality of their external debt instruments.
Source: cgdev.org