This blog was originally published on Illuminem, and has been co-authored with Rhian-Mari Thomas. She is the CEO...
Financing Climate & Sustainable Development / Report
Diagnosing how the sovereign ceiling functions as a simplifying shortcut that can obscure meaningful differences across borrowers, and proposing an alternative credit rating approach based on disaggregating sovereign risk into specific transmission channels.
Chinese and African governments have reasons to support the growth of Chinese manufacturing FDI on the continent. However, policy interventions should be better aligned with the realities of Chinese investor strategies, which target localizing production for African markets, and African industrial development goals, which require better integration of manufacturing FDI into domestic economies.
A translation in Mandarin is also available via the “Download Resources” button.
