🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

The paper looks specifically at projections errors - following a long tradition, including at the IMF and the WB themselves. But thanks to the database, we can precisely decompose debt errors by countries and components

These findings and much more are in the paper. And you can then hopefully run your own analyses on a host of variables we collected for the database. Link here github.com/FinDevLab/LIC-…

All this matters for how we understand multilateralism. Global North drives the show and pushes for pet agendas, and the state representation structures within int'l orgs is where all this transpires. ✅ Open access article here: doi.org/10.1080/096922…

🚨🚨New policy note! 🚨🚨 We are proud to publish Sean Hagan's latest paper: "The IMF’s Exceptional Access Policy: It’s Not Working"

Hagan calls in more details on the root of the failure of EAP and the consequences of the proposal in the note. Read it here! --> findevlab.org/the-imfs-excep…

A global stop-work order on foreign aid will cost many lives if kept in place. As written, it halts ALL ongoing humanitarian relief activities, except food aid, in places like Syria, Sudan, Gaza. Also halts all global health programs. What this will mean in human terms: 🧵

Over the last decade, there has been a lot of great research on perceptions of foreign aid in aid receiving countries. Here is a 🧵with some relevant references on foreign aid and soft power.

Egypt / new bond prospectus published. Good roundup of situation with energy sector arrears (page 59): "The current financial condition of EGPC has resulted in banks requiring Government guarantees for all EGPC borrowing, which has increased levels of debt guaranteed ..."

Modeling how an alternate dollar system may emerge outside Western control, first driven by sanctions fears, but ultimately sustained by the currency's self-reinforcing liquidity, from Antonio Coppola, Arvind Krishnamurthy, and Chenzi Xu nber.org/papers/w33390

The IMF must ensure that any program be accompanied by a debt restructuring that restores sustainability. The problem is—& this is where the pressure comes in—there is often an alignment of interests against a debt restructuring, Sean Hagan writes. ft.com/content/221c34…

Supply chains are costly to reorient! Covid also showed this. Trading relationships are valuable (including within borders). My work with Ina Simonovska and Felipe Saffie shows how firms use the financial link between them (trade credit) to maintain them. inasimonovska.com/uploads/1/3/2/…

🌍💡 New Policy Note just released! “Planning and Implementing the Climate and Development Transformation: Country Platforms as Enablers”. In partnership with #C3A. Drafted by Sima Kammourieh Martin Kessler Bedossa Bastien & Andrea Cavallini. #ClimateAction #SustainableDevelopment

Sima Kammourieh Martin Kessler Bedossa Bastien 🔗 Link to the Policy Paper 👇 buff.ly/3ERyYIk

Elon Musk says that no one has died because he slashed humanitarian aid. I went to South Sudan to check if that's true. It's not. Within an hour of starting interviews, I had the names of a 10-year-old boy and an 8-year-old girl who had died because of decisions by wealthy men in

It was a fun session to moderate!

As Egypt's partners examine the country's commitment to economic reform, we continue to see the authorities target journalists & economic experts who are vital for informing reforms and getting Egypt out of the economic mess that the country's leaders are largely responsible for.

Been telling people that i'm in the bonds market by which i mean i am buying and holding vast amounts of eternal friendship and infinite brotherhood

And an associated Fiscal Consolidation primer documents.worldbank.org/en/publication…

Every year South Asia’s brick kilns spew as much CO₂ as the entire U.S. car fleet. They poison the air 2B people breathe—and kill over 50,000 annually A new study in Science supported by Stanford Impact Labs Open Philanthropy & J-PAL shows how simple fixes can clean air & cut emissions🧵⬇️

Some personal news… After 14 years (!) this is my last week at Center for Global Development. More later on what's next, but first a short thread of appreciation for a place which I think is not just special, but indispensable. (This is a bit grandiose, but I'm leaving, so permit me this once.) 1/