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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.

April 26, 2024

United States
Election 2024: Is Donald Trump an Isolationist?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Donald Trump has long criticized U.S. foreign policy. That doesn’t mean he wants America to “come h…

Trump Photo

September 16, 2020

United States

October 7, 2020

Emerging Economies
Reframing the Collective Action Problem in Sovereign Bond Restructuring

A recent white paper from Lazard points out that emerging market sovereign bond holdings are often fairly concentrated among a handful of big players.  The main impediment to collective action may be…

Reframing the Collective Action Problem in Sovereign Bond Restructuring

January 17, 2018

China
A Few Words on China’s Holdings of U.S. Bonds

A primer on China reserve watching.

A Few Words on China’s Holdings of U.S. Bonds