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May 3, 2023

Economics
Getting Debt Restructuring Terms Right

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…

Andrea Shalal moderates an IMF roundtable on tackling public debt with Ceyla Pazarbasioglu, Director, Strategy, Policy and Review Department IMF, Felix Nkulukusa, Secretary to the Treasury, Zambia, Marco Buti, Head of Cabinet of European Commission and Pierre-Olivier Gourinchas, Director and Economic Counsellor, Research Department, IMF, during IMF Spring Meetings at the International Monetary Fund Building in Washington, U.S.
Blog Post by Brad W. Setser Follow the Money

October 3, 2023

China
China Isn't Shifting Away From the Dollar or Dollar Bonds

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…

U.S. Portfolio vs. China's Reserves and Other Foreign Assets
Blog Post by Brad W. Setser Follow the Money

August 13, 2020

Sub-Saharan Africa
A Conversation with Dr. K.Y. Amoako on the Future of African Development

CFR Senior Fellow for Africa Studies Michelle Gavin interviews Founder and President of the African Center for Economic Transformation Dr. K.Y. Amoako.

Workers of a local factory begin the production of personal protective gear for local frontline health workers as commissioned by the government, during the partial lockdown in Accra to slow the spread of the coronavirus disease (COVID-19), in Accra, Ghana April 10, 2020.
Blog Post by Michelle Gavin Strength Through Peace

January 7, 2021

Transition 2021
Nigerian Reaction to the Assault on the U.S. Capitol

Americans should be under no illusion about the serious damage to the country’s remaining moral authority and capacity for international leadership caused by yesterday's assault on the U.S. Capitol in Washington.

Supporters of U.S. President Donald Trump scale the walls of the U.S. Capitol Building in Washington, D.C. The Capitol building can be seen in the background; an American flag is seen in the foreground.
Blog Post by John Campbell Africa in Transition

October 5, 2021

Japan
The Road Ahead for Japan’s New Prime Minister

Fumio Kishida won his party’s leadership election and yesterday Japan’s parliament voted him in as prime minister of Japan. 

Fumio Kishida, Japan's prime minister, speaks during a news conference at the prime minister's official residence in Tokyo, Japan, October 4, 2021
Blog Post by Sheila A. Smith Asia Unbound