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February 14, 2024

Ecuador
Can Ecuador Avoid Becoming a Narco-State

Criminal groups have captured parts of the state. A broad political coalition must fight corruption and root them out.

Photo of Ecuadorian President Daniel Noboa

January 22, 2024

Economics
An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandat…

An SDR-Linked Bond Can Strengthen the Finances of the World Bank Group

January 18, 2024

Nigeria
Acts of Privation

Feeling stuck and unheeded, young Nigerians are increasingly resorting to all manner of desperate measures.

A man looks on from the doorway of his home in Lagos, Nigeria.

January 17, 2024

Taiwan
China Responds to Taiwan’s Presidential Election: Is Beijing Biding Its Time?

China’s initial response to William Lai’s victory in Taiwan’s presidential election was relatively restrained but it will likely exert more pressure on Taiwan in the coming months. 

Taiwan President-elect William Lai waves to supporters at a rally following his victory in the presidential election, in Taipei, Taiwan.

December 20, 2023

United States
Happy 4th Birthday to the U.S. Space Force!

The newest branch of the U.S. military marks its fourth year of service. 

Space Force

December 1, 2023

United States
Election 2024: The Republican Presidential Candidates on Climate Change

Each Friday, I look at what the presidential contenders are saying about foreign policy. This week: Some Republican presidential candidates agree the planet is warming, but none has made tackling cli…

Rishi Sunak

November 1, 2023

Economics
The State of Sovereign Debt Restructuring After the Meetings in Marrakech

Some fundamental problems with the IMF’s Common Framework for debt restructuring have become apparent. Not the least, debt restructuring shouldn't just be an issue for low-income countries.

The State of Sovereign Debt Restructuring After the Meetings in Marrakech

August 22, 2023

United States
The Future of Dollar Hegemony

The United States has benefited from the dollar’s dominance of global markets for decades. Washington should be wary of squandering those benefits through political infighting and reckless policymaki…

dollar