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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
Blog Post by Brad W. Setser Follow the Money

March 4, 2021

Global
The President's Inbox Episodes by Topic

A comprehensive list of each episode of The President's Inbox organized by topic. 

Resolute desk
Blog Post by James M. Lindsay The Water's Edge

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 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

February 8, 2021

Economics
Farewell

I am stepping down from my position at the Council of Foreign Relations to take a new job. That, among other things, means that I will not be blogging here for the foreseeable future. I am enormou…

Blog Post by Brad W. Setser Follow the Money