Amanda Glassman, one of the authors of the study and the executive vice president at the
Center for Global Development, said poor countries pay more than others for common medicines to relieve pain or treat hypertension in large part because of flawed drug buying practices and broken generic medicines markets.
The letter cites a
Center for Global Development estimation that 23 of the 68 countries currently hosting BRI-funded projects are at risk of debt distress, while in eight of those countries, "future BRI-related financing raises serious concerns about sovereign debt sustainability".
A report published in March by the Washingtonbased
Center for Global Development warned that 23 of the 68 countries benefitting from Belt and Road investments were 'significantly or highly vulnerable to debt distress.'
The article, drawing from a study by the international think tank
Center for Global Development presents the Debt-to-GDP ratio and Percentage of external debt to China, now and on completion of the BRI (Belt and Road) projects.
Secondly, the commitment to the development index (CDI) 2017, from the
Center for Global Development, which ranks 27 of the world's richest countries on their dedication to policies that benefit people living in poorer nations, places Korea at the bottom The CDI uses seven components namely aid, finance, technology, the environment, trade, security and migration.
Alejano cited the study of
Center for Global Development on the case of countries such as Tajikistan, which were forced to give up territory or their natural resources to pay for their debts to China under its Belt and Road Initiative, which the lawmaker said is the core of the Beijing's debt diplomacy.
Likewise, the
Center for Global Development concluded in its March report that 23 countries are at a risk of debt distress due to additional financing related to the BRI.
Women's World Banking, the
Center for Global Development, and ExxonMobil Foundation launched She Counts, a global initiative convening and harnessing the power of financial service providers committed to serving women, the company said.
--SCOTT MORRIS Senior Fellow,
Center for Global DevelopmentTodd Moss, Africa expert for the
Center for Global Development, also expressed reservations.
Todd Moss is senior fellow at the
Center for Global Development and a former US deputy assistant secretary of state for African affairs.