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February 22, 2024

Economics
The IMF Needs to Focus on Setting Good Targets for External Debt Sustainability

The IMF has two frameworks for assessing debt sustainability. The market access country framework is more technically advanced, but it isn't delivering reasonable targets for debt restructuring cases…

10-Year Bonds: Key Cases

December 3, 2014

Alan Gross, Year Six

Today Alan Gross will begin his sixth year in a Cuban prison. His "crime" was to deliver to the minuscule Cuban Jewish community some communications equipment supplied by the United States. The Cuba…

December 22, 2023

Venezuela
Venezuela: The Rise and Fall of a Petrostate

Venezuela’s ongoing descent into economic and political chaos is a cautionary tale of the dangerous influence that resource wealth can have on developing countries.

People walk past an oil-themed mural in Caracas, Venezuela.

December 17, 2014

Cuba
What Did President Obama Trade for Alan Gross?

There is wonderful news this morning: that Alan Gross is finally free, out of a Cuban prison and back on American soil. For his family, this is the answer to prayers and the right outcome to a long s…

November 16, 2012

Cuba
Alan Gross, Vilma Castro, and America’s Cuba Policy

Alan Gross is a former USAID contractor who has been in a Cuban jail since December 3, 2009.  The most recent reports are that he has lost 105 pounds while in prison, and may well be suffering from u…

October 2, 2006

United States
Daniel Gross is right …

The increase in the interest bill of the US government is an underreported story.   The CBO reports that FY 2006 interest payments will be about $40b more than FY 2005 payments.  And that trend is se…