IMF = Good, China = Debt Trap ??

The New York-based geopolitical consulting firm Eurasia Group’s media unit, GZERO, published a new infographic on Thursday that sums up the deeply ingrained yet highly simplistic media narrative in the United States about Western institutions like the IMF versus China:

A) This idealized framing of the IMF as a benevolent actor that is helping developing countries to “weather” economic uncertainty may provoke side-eye in Global South countries where the memory of Structural Adjustment Programs is still fresh.

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by Eric Olander

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Developing Countries’ Debt Servicing Costs to China Are Significant, but Nowhere Near as Much as Other Creditors
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