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Sovereign and Sub-Sovereign Debt Restructuring

Countries borrow too much, often in foreign currency, and sometimes cannot repay on time and in full. The rules for determining how sovereign restructuring proceeds, how any vote on the restructuring…

June 23, 2023

China
Sovereign Funds

The first in-depth account of the sudden growth of China’s sovereign wealth funds and their transformative impact on global markets, domestic and multinational businesses, and international politics.

April 16, 2024

Economics
Virtual Media Briefing: Previewing the World Bank/IMF Spring Meetings

CFR experts preview the upcoming World Bank and International Monetary Fund (IMF) Spring Meetings taking place in Washington, DC, from April 17 through 19.   

Play President of the World Bank Group Ajay Banga and International Monetary Fund (IMF) Managing Director Kristalina Georgieva at the World Economic Forum, January 17, 2024.

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

April 15, 2024

Americas
C. Peter McColough Series on International Economics With Roberto Campos Neto

Roberto Campos Neto discusses Brazil Central Bank’s priorities for the digital agenda in 2024, and prospects for Brazil’s economy. The C. Peter McColough Series on International Economics brings t…

Play Roberto Campos Neto smiling while speaking speaks at the Planalto Palace in Brasilia, Brazil.

June 27, 2023

China
CFR Fellows' Book Launch Series: Sovereign Funds: How the Communist Party of China Finances Its Global Ambitions by Zongyuan Zoe Liu

One of the keys to China’s global rise has been its strategy of deploying sovereign wealth on behalf of state power. Since President Xi Jinping took office in 2013, China has doubled down on financia…

Play Tanzanian women holding red Chinese flags at Dar es Salaam.