This week, Chad became the 36th poor country to benefit from the world’s collective response to the debt crises of the 1980s and 1990s. It took years to reach this point, but in the end, Chad received over one billion dollars in irrevocable debt relief under the Heavily Indebted Poor Country (HIPC) Initiative.
CGD Policy Blogs
Jobs and economic opportunies are increasingly at the top of developing nations' agendas. According to CGD senior fellow Ben Leo, China and other emerging market nations are aligning their development tools and activities with these new priorities.
Congress will soon make some big trade policy decisions that impact Sub-Saharan Africa. The Africa Growth and Opportunity Act (AGOA), which provides duty free access to the $17 trillion US market for qualifying African countries, is set to expire this fall.