Pol econ of debt relief is multi-sided: Bondholders, Chinese development banks, rich-country govs v. Govs (often corrupt/authoritarian), businesses, tax payers

Pol econ of debt relief is multi-sided:
Bondholders, Chinese development banks, rich-country govs
v.
Govs (often corrupt/authoritarian), businesses, tax payers & citizens.
Zambia a tricky case in point!
economist.com/middle-east-an…

For more background see
adamtooze.substack.com/p/chartbook-ne… https://t.co/d87nsNhpPB

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