IMF
Economic diplomacy: Diversification is hard to do
Catching up
It is now 25 years since then World Bank senior vice-president and chief economist Joseph Stiglitz remarkably turned on his employer to set out a roadmap for …
Economic diplomacy: The IMF faces a US$ reality check
Back to basics
When the International Monetary Fund kicked off its latest twice-yearly meetings with blunt criticism of the fiscal policies of the new British government it…
Digital finance makes international cooperation even more important
In an excellent recent article for the International Monetary Fund, Cornell University’s Eswar Prasad lays out the potential benefits and costs of digital finance. “The era of…
Is Pakistan heeding the warning signs from Sri Lanka?
Pakistan is showing similar symptoms to those of Sri Lanka if economic and political challenges the country faces are seen in perspective.
Sri Lanka is currently engulfed in…
Capital flows to emerging economies
The rise in US interest rates has revived perennial concerns about emerging economy foreign debt. As rates rise and the US dollar strengthens, the debt burden becomes greater and…
Don’t saddle Pacific Islands with disaster debt
Pacific Islands are facing a serious debt crisis that has been worsened by the Covid-19 pandemic and the resulting shutdown of the tourism industry. Research based on…
Economic diplomacy: Trade shifts challenge a new government
Make or break
Trade matters haven’t made much of an impact in Australia’s election campaign, not surprisingly overshadowed by Solomon Islands in the foreign affairs debate and…
Economic diplomacy: After Ukraine, the IMF ponders the future
Diminishing consensus
That grandee of American economic statecraft Robert Zoellick made an uncomfortable return to public life this month by being lampooned for sitting on the…
Economic diplomacy: Cryptocurrency (quietly) joins a new world order
Fence-sitting
Right from the beginning of the Russian invasion, Ukraine’s deputy prime minister Mykhailo Fedorov has walked both sides of the new global divide over digital…
Bitcoin vs the IMF, and other great expectations
Digital divide
El Salvador ranks only 89th on the latest index of cryptocurrency adoption around the world, but it may be at the frontline of one of the fascinating global…