Category: Default
As Debt Resolution Deadlock Looms, Which Scenarios Face Us?
China’s rapid rise as a global lender has also made it a significant disrupter of the business-as-usual of debt restructuring. While Western stakeholders have framed China’s role as a ‘barrier,’ Beijing insists that it is being treated unfairly in comparison to Western-led ...
China’s Role in Kenya’s Unfolding Economic Calamity
There's growing speculation among international investors that Kenya is now poised to become the next African country to default on its debt. The markets worry about how Kenya will remain solvent in the face of three converging trends that are making ...