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January 16, 2024

China
How One Port’s Struggle Reveals the Problems—and Promise—of Chinese Infrastructure Financing

Chinese port financing has plenty of drawbacks. But developing countries have few alternatives. 

A lone man stands at the end of an old and broken pier watching the boats in the background in the bay of São Tomé city, São Tomé and Príncipe, September 16, 2021.

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

December 14, 2022

Japan
Financing Japan’s Defense Leap

Prime Minister Kishida's strategic review will be announced this week.

PM Kishida, in a dark suit, walks facing the camera between two rows of saluting soldiers.

June 1, 2023

Economics
Using an SDR Bond Creatively to Boost Concessional and Climate Finance

Combining an SDR with budget funding is the most efficient way to stretch budgeted dollars (and euros) and increased the global supply of concessional financing. 

A worker walks between solar panels at Centragrid power plant in Nyabira, Zimbabwe.

August 7, 2023

Sub-Saharan Africa
Africa’s Multiple Security Crises

Across the continent, ill-conceived security arrangements are having unintended consequences 

In green military fatigues, junta member Mohamed Toumba attends a demonstration of coup supporters in Niamey, Niger on August 6, 2023.

November 30, 2022

Economics
The New Geopolitics of Global Finance

The global balance of payments only adds up if the G-7's geopolitical rivals are also its bankers.

The New Geopolitics of Global Finance