An update on this: I had an email conversation with the authors IMF and the post was updated with correct attribution. We all make mistakes - it's a timely reminder to treat others' work with care.

Debt relief for developing countries is famously vulnerable to hold-out by private creditors who prefer litigation to a haircut. Litigation in NY courts.

That suggests an obvious solution, supported here by some marquee economists:

Reform NY law

Big news #EconTwitter 🎧 Episode 3 of the Econ-on-Mics #podcast is #Live !

Tune in to the expert insights of Eleni Yitbarek Eleni Yitbarek on #intergenerational #mobility , interviewed by Michelle Pleace.

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Great article from Soumaya Keynes. If you want to learn how to be a more useful economist, come and work with us at the Global Linkages Lab at Brown University and apply for the pre-doc position: apply.interfolio.com/141875 last day to apply is tomorrow!
ft.com/content/0f4586…

First time a Latin American economist, first time a female economist. On July 1, 2025, Marina Halac will become the Editor of Econometrica Econometrica

I'm disappointed to see that IMF took the data we shared with them and are now using it without citing us. We produced the statistics they were interested in based on this WP: osf.io/preprints/soca… . Nathan Lane Emily Oehlsen Verónica C Pérez

I’m sure it will be a great disappointment for the advocates to learn that industrial policy is no magic bullet. Can you imagine the IMF summarizing another study as “central bank independence is no magic bullet…”.? That’s how your ideology shows.

I’m puzzled by all the fretting about China trade shock 2.0. First, a subsidy war in EVs and batteries is actually a good thing since there is no global carbon tax. Second, we are no longer in hyperglobalization. Importing countries are free to respond. Remember the Japanese

Bilin bakalım 'Prof. Dr.' ibaresi kaç yerde unutulmuş?

Happy to co-sign with Joseph E. Stiglitz Jayati Ghosh Dani Rodrik , 22 former Heads of State/Gov & others this call for New York State Governor Governor Kathy Hochul to lead the way on real debt restructuring.

Irony just died a thousand deaths. Bogazici University’s Erdogan appointed rector who invited police and security forces onto the campus to detain protesting students, arbitrarily dismissed professors and deans is “saddened” by the state of academic freedom on US campuses.

Just getting around to reading this by Jamie Martin. Great book on how what we call today global governance was invented in the interwar period, and not necessarily for good reasons. amazon.com/Meddlers-Sover…

Il y a d'excellentes raisons de vouloir davantage d'industrie, mais la volonté d'avoir des foules de bons emplois ou des classes moyennes fournies n'en font pas partie. Excellente mise au point de Dani Rodrik in Les Echos lesechos.fr/idees-debats/e…

What happens to female labour force participation when fewer #jobs are available?

📷Tune in to the Econ-on-Mics #podcast to hear Kanika Mahajan’s kanika mahajan insights!

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#amplifyingvoices

Congratulations to Joseph E. Stiglitz, past past president of the IEA, on the publication of his new book: The Road to Freedom: Economics and the Good Society. Well done Joseph E. Stiglitz! 👏👏