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April 13, 2021

United States
Is Rising Student Debt Harming the U.S. Economy?

Higher education provides students many socioeconomic benefits and increases the global competitiveness of the United States, but mounting student loan debt has sparked a debate over federal lending …

Students attend their graduation ceremony at the University of California Los Angeles (UCLA).

March 25, 2021

Kenya
Belt and Road in Kenya: COVID-19 Sparks a Reckoning with Debt and Dissatisfaction

The economic impact of COVID-19 has exposed the underlying fragility of China’s Belt and Road Initiative (BRI) in Kenya, already the subject of scrutiny over corruption, pollution, and debt concerns. BRI fueled an ambitious infrastructure push in Kenya.

A train, built as part of Chinese investment in Kenya through the Belt and Road Initiative, arrives at the Mombasa Terminus in Mombasa, Kenya.

April 12, 2021

Middle East and North Africa
What Is U.S. Policy on the Israeli-Palestinian Conflict?

The United States has long tried to negotiate a resolution to the Israeli-Palestinian conflict, but several factors, including deep divisions between and within the parties and declining U.S. interes…

A Palestinian uses a ladder to climb over the wall separating the Israeli and Palestinian sides of the West Bank.

October 13, 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

April 8, 2021

Infrastructure
The State of U.S. Infrastructure

Amid an economic crisis caused by the coronavirus pandemic, debate continues over how to improve the nation’s infrastructure, as analysts say U.S. transportation, water, and other systems face major …

Phase II construction on Metro’s Silver Line at Dulles International Airport continues.

April 7, 2021

China
China’s Belt and Road Initiative Should Be on the World Bank and IMF’s Agenda

The Spring Meetings should address BRI’s pitfalls and advance policies to help put BRI countries on the path toward recovery and sustainable growth.

The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, U.S. on April 8, 2019.

April 6, 2021

International Economic Policy
Avoiding a K-Shaped Global Recovery

With the support of its wealthy members, including the United States, the IMF should provide greater financial assistance and more liberal borrowing terms to help the world’s developing countries rec…

A shopper peruses masks at a street market in Dhaka, Bangladesh.

April 1, 2021

International Law
Save the Olympics, Again

In May 1984, I published an op-ed in The New York Times entitled, “To Save Olympics.” It called for the depoliticization of the Olympics through an international treaty that would establish permanent…

March 31, 2021

Human Rights
Blinken's Unfair "Repudiation" of the Report on Unalienable Rights

Secretary Blinken’s comments on the Report of the Commission on Unalienable Rights were partisan--and did not fairly reflect its content.

March 31, 2021

Climate Change
The Climate Challenge and China's Belt and Road Initiative

BRI's fossil fuel investments will make combatting climate change more difficult. The U.S. needs to offer developing nations an alternative means of acquiring clean energy.

Steam rises at sunrise from six large smokestacks on the horizon at the Lethabo Power Station, a coal-fired power station near Sasolburg, South Africa on March 2, 2016.