Macro Musings with David Beckworth cover image

Matteo Maggiori and Jesse Schreger on Geoeconomics and its Policy Implications

Macro Musings with David Beckworth

CHAPTER

Debt Repayment, Belt and Road Initiative, and China's Strategy

This chapter explores the relationship between government debt repayment and external costs, and discusses the concept of debt intolerance in developing countries. It also delves into China's Belt and Road Initiative, explaining its financing model and highlighting the non-economic or political benefits that China may gain from it.

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