When Should a Country Be Allowed to Reject Its Debt?
Citizens should not be forced to repay debts incurred without their consent or for their benefit. An odious-debt test could restore accountability to sovereign borrowing.
Sri Lanka Is Richer on Paper. But Is It Really?
Sri Lanka’s new income status looks like progress. Its debt burden tells a different story.
The Debt That Outlives the Disaster
Nepal’s rising debt exposes a global financial system that makes vulnerable nations pay more when crises strike.
How Process Reforms Transformed India’s Investor Protection Fund
Public discourse on economic reforms often focuses on large interventions—new tax laws, major institutional restructuring, major privatization or other sweeping policy changes. While such...
Green Perspectives on EU’s Next Common Budget
When the wind blows and the sun shines across Europe, powering electricity through cables connecting north and south, the benefits go far beyond the...
Argentina’s Currency Conundrum: A Familiar Path to Crisis
The history of macroeconomic policy in Latin America provides a rich set of cautionary tales for policymakers tempted to use the exchange rate as...