This post is part of the Council on Foreign Relations’ blog series on human trafficking, in which CFR fellows and other leading experts assess new approaches to improve U.S. and global efforts to cur…

The IMF needs to focus on China’s external account in its surveillance. The reported current account surplus appears to be significantly too low.

China's reserves has shifted its dollar reserves from Treasuries to Agencies, and made increased use of offshore custodians. The available evidence suggests that it still holds about 50 percent of it…

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.

State contingent instruments can play a role in debt restructuring agreements, but they shouldn’t be a give-away to investors.  There is a compelling case for their use in Zambia—but not in Sri Lanka…

The IMF's debt sustainability assessments for Zambia and Sri Lanka differ so greatly that it's hard to understand how both emerged from the same institution. Case-by-case only works with some consist…

Tight restrictions on asylum and parole will drive migration further underground, where criminal groups profit.