Analysis: Decade After Debt Relief, Africa's Rush to Borrow Stirs Concern (Reuters)

From the article:

Despite misgivings about certain countries, Africa is still in a fundamentally different place than it was 20 or 30 years ago when the old debts were taken on, thanks to robust growth and better public sector management, said Todd Moss, a senior fellow at the Washington-based Center for Global Development.

Borrowing from private creditors also puts a higher burden on leaders to be responsible, Moss said, "whereas borrowing from the World Bank, there's clearly a dynamic of lend and forgive."

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