African countries are being driven into a debt dependency cycle. Three major factors are at play.
Rigor acadêmico, estilo jornalístico
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Moody’s acquisitions are a setback for the development of alternative rating agencies to compete against the monopoly of the ‘big three’.
Low-income countries that sought to spend more on health care during the pandemic have been hit with ratings downgrades, while others avoided borrowing entirely.
The first trading day after Moody’s cut the UK to three notches below Aaa, the markets shrugged.
A toxic mix of ugly politics and structural economic problems is threatening to tip debt over the edge.
Principais colaboradores
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Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town
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Professor of Banking and Finance Law, Queen Mary University of London
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Professor of Economics, Stockton University
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Professor of Finance, Keele University
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Professor at the Nelson Mandela School of Public Governance, University of Cape Town
