Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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August 16, 2022
Nigeria
Massive Borrowing Puts Nigeria’s Future at Risk
The country’s bloated debt portfolio is the outcome of decades-long economic mismanagement.
June 12, 2009
United States
Offsetting Borrowing
Government borrowing has increased sharply, but the fall in private borrowing by households and firms has been equally dramatic. Overall borrowing has not changed substantially. Will the government…
November 4, 2008
Monetary Policy
Borrowing more, but borrowing proportionately less from the world’s central banks
Back when the US Treasury announced the TARP, a common assumption was that the rise in the United States need to borrow need implied that the US would necessarily need to borrow more from the world’s…
May 31, 2009
China
More government borrowing doesn’t necessarily mean more total borrowing
The United States is borrowing less from the rest of the world than it was. That is true even though the US Treasury is borrowing more from everyone, including more from the rest of the world. T…
May 8, 2020
China
China, a Major World Bank Borrower and Competitor, Must Stop Sheltering BRI Debt from G20 Standstill
As we explained in Foreign Affairs on April 27, China is trying quietly to exempt its massive Belt and Road Initiative (BRI) infrastructure loans to poor countries from its agreement to participa…
