In opaque and unregulated financial markets, there can be strong incentives for banks to provide loans even when the appropriate guaranties or assessments are lacking. This is part of the Mozambican debt story, according to NAI researchers Navarra and Rodrigues. In this case, the consequences are most likely to be borne by Mozambican people, strongly affecting thei...

In opaque and unregulated financial markets, there can be strong incentives for banks to provide loans even when the appropriate guaranties or assessments are lacking. This is part of the Mozambican debt story, according to NAI researchers Navarra and Rodrigues. In this case, the consequences are most likely to be borne by Mozambican people, strongly affecting thei...

The Arab Republic of Egypt, Tunisia, Libya and the Republic of Yemen are recovering after a period of economic growth decelerations accompanying the Arab Spring uprisings of 2011. Economic recovery was relatively quick, with industrial production recovering in a matter of months and, in the cases of Egypt and Tunisia, the growth dips of 2011 were smaller than the a...