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Map of countries involved in China's Belt and Road Initiative coded by their risk of debt distress
March 5, 2018

Will China's Belt and Road Initiative Push Vulnerable Countries into a Debt Crisis?

In a new CGD paper, we assess the likelihood of debt problems in the 68 countries we identify as potential BRI borrowers. The big takeaway: BRI is unlikely to cause a systemic debt problem, yet the initiative will likely run into instances of debt problems among select participating countries—requiring better standards and improved debt practices from China.

John Hurley, Scott Morris and Gailyn Portelance

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