An Insider’s View of the China-Africa “Debt Trap” Debate

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Manage episode 214313422 series 108224
By The China Africa Project, Eric Olander, and Cobus van Staden. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

W. Gyude Moore, Liberia’s former Minister of Public Works, recognizes that African countries are taking a huge risk by piling on ever-larger amounts of Chinese debt, but he thinks it’s worth it if the new roads, bridges and industrial parks can help spark economic growth needed to employ the continent’s bulging population of young people.

Gyude joins Eric & Cobus to provide an insider’s perspective on the ongoing debate dangers of too much Chinese debt in Africa.

Join the discussion. Do you agree with the IMF and the United States government that African countries should be wary of becoming too indebted to the Chinese or do you think African policymakers like Gyude Moore are right in their assessment that this is a risk worth taking? Let us know what you think.

Facebook: www.facebook.com/ChinaAfricaProject

Twitter: @eolander | @stadenesque | @gyude_moore

Email: eric@chinaafricaproject.com

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295 episodes