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Articles sur World Bank

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Chinese engineers pose after welding the first seamless rails for the China-Laos railway in Vientiane, Laos, June 18, 2020. Kaikeo Saiyasane/Xinhua via Getty Images

China is financing infrastructure projects around the world – many could harm nature and Indigenous communities

Through its Belt and Road Initiative, China has become the world’s largest country-to-country lender. A new study shows that more than half of its loans threaten sensitive lands or Indigenous people.
Nigeria’s economy is struggling to recover from fluctuating oil price, inflation and impact of COVID-19 pandemic. Photo by Pius Utomi Ekpei/AFP via Getty Images

Nigeria’s debt is sustainable, but dangers loom on the horizon

To non-economists, the World Bank ranking Nigeria fifth on the list of its top ten debtor countries is alarming. A deeper analysis shows there is no cause for concern.
Dutchbar Batticaloa in eastern Sri Lanka was decimated by the 2004 tsunami. It fell under a newly created 200m buffer zone set up to protect people. But it destroyed fishing communities. Chris Young - PA Images/PA Images via Getty Images

‘Building back better’ may seem like a noble idea. But caution is needed

There is a need to be alive to tensions between short- and long-term objectives, as well as the assumptions we hold around what we consider to be “better” and how to achieve it.
IMF managing director Kristalina Georgieva and World Bank group president David Malpass have offered debt relief to developing countries.

Why African countries are reluctant to take up COVID-19 debt relief

African countries should tread carefully over the debt relief offered by multilateral institutions and other lenders. It could prove very costly in the medium to long term.

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