Yes, China's lending to Africa did surge in 2010s, but bigger story is opening up of private credit channels which now exposes Africa to full force of the dollar credit cycle. h/t to @David_McNair for this data. See Chartbook #181 on the mounting crisis.
adamtooze.substack.com/p/finance-and-… https://t.co/yEl4I2No3Z
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…