Economic and political fragility around the world can significantly impact the stability of nations and their ability to foster growth and development. In regions marked by fragility, governance systems are often weak, institutions are prone to corruption, and the economy is vulnerable to shocks. These factors create an environment where
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Debt Trap Diplomacy: Implications for Debtor Nations and the Need for Regulatory Reform
In recent years, China has become a major global economic player, not only through trade and investment but also by offering loans to developing countries. However, China's increasing lending practices have raised significant concerns about its debt strategy—often referred to as “debt trap diplomacy.” This strategy involves China providing large