Developing Economies Trapped in Capital-Goods Import Dependency, Compounding Debt and FX Risks

Tech and capital goods consume 40-60%+ of import bills across much of Sub-Saharan Africa, South Asia and Latin America, draining FX reserves, widening current-account gaps and risking lock-in when absorption capacity is weak.

bt-corporate · 6/28/2026, 12:28:29 PM · Ask about this →