Anissa Bougrea (@anissabougrea.bsky.social)

The Reversal of Financial Flows and the Limits of the Global Financial Architecture In 2023, the global financial system witnessed a striking reversal. For the first time in over a decade, lower- and middle-income countries (LMICs) experienced negative net financial flows on external debt,…

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The Reversal of Financial Flows and the Limits of the Global Financial Architecture In 2023, the global financial system witnessed a striking reversal. For the first time in over a decade, lower- and middle-income countries (LMICs) experienced negative net financial flows on external debt, amounting to -$7 billion. The reversal of financial flows from lower- and middle-income countries (LMICs) to developed countries, is a moment of reckoning for global development finance. (Source image: … http://anissabougrea.com/2025/01/08/the-reversal-of-financial-flows-and-the-limits-of-the-global-financial-architecture/