How to reignite Africa’s growth and avoid the need for future debt jubilee

Africa Rising, African News Review, African Perspective, Brookings Institution, Central Africa, East Africa, Educate, Finance and Economics, Southern Africa, West AfricaLeave a comment

In ancient times, debt jubilees were cus­tom­ary after wars or dra­mat­ic events. By wip­ing out debts, these jubilees sought to avoid polar­iza­tion and social ten­sions. Today, the mas­sive dis­lo­ca­tions caused by the COVID-19 pan­dem­ic pro­vide jus­ti­fi­ca­tion for the inter­na­tion­al community