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When official creditors lend to governments in private debt distress: lessons from African history
Rebecca Simson 7/15/26 Rebecca Simson 7/15/26

When official creditors lend to governments in private debt distress: lessons from African history

Is there anything to learn from Sub-Saharan Africa’s last major debt crisis, which started around 1980, and rapidly engulfed most of the region? Did official creditors effectively take over the debt issued by private creditors, and to what effect?

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