Aug 4, 2018
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.
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