The obscure origins of commodity trading debt – BR research

Yesterday, this section pointed out that SBP’s wheat purchase financing framework perversely favors public procurement, which not only crowds out direct purchases by the private sector, but also contributes to a build-up of debt that more and more became hardcore. But first, some background on how public sector product operations …

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A loan shark puts poor borrowers back on their feet

Chennai: The study analyzes 100 Chinese loan agreements with 24 countries, the first systematic analysis of the legal terms of China’s foreign loans, the report’s authors write. Produced with the support of several American research institutes, it compares the agreements concluded with Chinese public banks to 142 publicly accessible contracts …

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