The current state of the global economy and the outlook for the next few years do not bode well for Emerging Market and Developing Economies (EMDEs). Many countries were overly indebted before the pandemic and additional borrowing, one of the few options available to them, will push many into the terrain of unsustainable debt. China’s joining the Debt Service Suspension Initiative of the G-20 is commendable; however, this action only deals with official debt held by poorer EMDEs.
|Fri, Jan 15, 2021|
The OECD has estimated that external capital inflows to emerging market countries shrank in 2020 by about $700 billion relative to 2019.
|Thu, Dec 17, 2020|
Another tragedy often overlooked during this year’s global Covid rampage, with their own physical mobility and financial remittance restrictions, is the 80 million displaced population in the UN’s latest tally, approximately one-third official refugees with 80% fleeing one developing country for another.
|Tue, Dec 15, 2020|
|Edwin M. Truman:
Memo to Congress on why the United States should better Support International Financial Institutions
Background: US foreign affairs programs underpin US soft (nonmilitary) power, which is in decline as these programs have been underfunded. In FY2020, the United States spent $57 billion on international programs, activities, and institutions.
|Thu, Nov 5, 2020|
The October 2020 annual meetings of the World Bank and the International Monetary Fund were like none others.
|Fri, Oct 30, 2020|
Daniela Bassan, Q.C. is a Partner and Practice Group Chair at the law firm of Stewart McKelvey (Canada) where she focuses on complex, multi-jurisdictional dispute resolution. This blog is a part of special series on the coronavirus.
|Thu, Apr 23, 2020|
Beverly Barrett, PhD is policy program advisor and economics faculty at the University of St. Thomas, Houston. Dr. Barrett is the author of Globalization and Change in Higher Education: The Political Economy of Policy Reform in Europe (Palgrave Macmillan). You may email her at [email protected]. This blog is a part of special series on the coronavirus.
|Wed, Apr 8, 2020|
|Mark R. Yzaguirre:
Mark R. Yzaguirre is Senior Associate General Counsel and Associate Vice Chancellor for Legal Affairs at the University of Houston. Opinions solely his own. This blog is part of a special series on the coronavirus.
|Mon, Apr 6, 2020|
Gary Kleiman is a recognized expert in the field of global emerging economies and financial markets. This blog is part of a special series on the coronavirus.
|Thu, Mar 26, 2020|
Dr. Coats (Ph.D. U of Chicago) retired from the IMF in 2003 as Assistant Director of Monetary and Exchange Department having joined the institution in 1975. This blog is part of a special series on the coronavirus.
|Wed, Mar 25, 2020|