EXPERT SERIES Podcast, Scott Morris - Debt Dynamics of Belt & Road initiative
Paul was joined at the Expert Series by Scott Morris of the Center for Global Development in Washington, D.C. to discuss the debt dynamics of the Belt and Road Initiative (BRI).
The fifth anniversary of the announcement of the BRI sees the program mired in suspicion, exaggeration, and unviability. The discussion, based off the findings of the Center’s work published in March 2018, covers China’s new role as a sovereign creditor, the Chinese financial architecture, debt considerations of countries with Belt and Road funding, the actual scale of BRI, the commercial viability of many projects and some of the political issues surrounding the program.
The Q&A section examines in detail, issues that China’s absence from the Paris Club creates.