Interview with African Business

Published on : 27.09.22

By: Daniel Cohen, 

African Business
AB interview
Daniel and ibrahim

In a recent policy note published by the Finance for Development Lab, Daniel Cohen and Ibrahim Elbadawi called for the creation of an African Stability and Liquidity Mechanism (ALSM). Its object would be to provide a financial safety net to help ensure macro-financial stability and reasonable funding costs for African governments by providing a stability mechanism rather than a bail-out facility. African Business caught up with them to find out more about their proposals.

The starting point really is the fact that we all understand that there is a major crisis coming on. (...) We have a year or so thinking about these issues. That is why it is important to take the time to set up a diagnosis in order to find proper remedies.