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Winning the race between debt and growth

As African countries’ indebtedness increases, what criteria will determine which will look better- positioned to ride out the current credit market headwinds and why?  Khaya Gobodo and Antoon de Klerk of Investec Asset Management outline their expectations in this piece in Institutional Investor last week, noting that those economies in which government spending has been efficiently deployed in long-term infrastructure initiatives rather than satisfying other demands will fare much better in the race between debt and growth.

Read more a Institutional Investor…

 

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