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Lessons from a Zambian standoff*
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Jan
19th 2024, C.P. Chandrasekhar
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The
recent collapse of the protracted negotiations to restructure
Zambia's external debt, following a default in November
2020, underlines the failure of the prevailing international
financial architecture to address global challenges.
*
This article was originally published in the Economic
& Political Weekly
on January 18, 2024.
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