Nicholas Jepson is a research fellow at the Global Development Institute at the University of Manchester.

July 1, 2023

Analysis

Parallel Systems

China, the IMF, and the future of sovereign debt financing

At the start of her three-nation tour of Africa this January,  US Treasury Secretary Janet Yellen spoke to the Associated Press in Senegal, bemoaning the “piling, unsustainable debt” that, she said, “plagued” many African countries. This was a “problem,” she…