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Ishac Diwan

Ishac Diwan

26 commentaries

Ishac Diwan is Research Director at the Finance for Development Lab.

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  1. Developing Countries’ Liquidity Crisis Is Not Over
    diwan27_ LUIS TATOAFP via Getty Images_kenya green energy LUIS TATO/AFP via Getty Images

    Developing Countries’ Liquidity Crisis Is Not Over

    Apr 16, 2024 Ishac Diwan & Vera Songwe urge global policymakers to prevent mass insolvency and finance urgent climate projects.

  2. Developing Countries Need Debt Relief to Act on Climate Change
    songwe12_FADEL SENNAAFP via Getty Images_climate debt FADEL SENNA/AFP via Getty Images

    Developing Countries Need Debt Relief to Act on Climate Change

    Jan 24, 2024 Ishac Diwan & Vera Songwe propose a mechanism for freeing up the fiscal space low-income economies need to invest in green growth.

  3. Bridging the Climate-Development Gap
    rodrik213_James WakibiaSOPA ImagesLightRocket via Getty Images_kenyasolar James Wakibia/SOPA Images/LightRocket via Getty Images

    Bridging the Climate-Development Gap

    Sep 26, 2023 Dani Rodrik & Ishac Diwan explain how to free up fiscal space for sustainable development in many low- and middle-income countries.

  4. Growing Out of the Developing-Country Debt Crisis
    diwan23_STEFANI REYNOLDSAFP via Getty Images_spring meetinfs STEFANI REYNOLDS/AFP via Getty Images

    Growing Out of the Developing-Country Debt Crisis

    May 24, 2023 Ishac Diwan & Philippe Le Houérou show how multilateral banks can stave off a cascade of government defaults by scaling up concessional lending.

  5. Rescuing Economic Growth in Highly Indebted Developing Countries
    rodrik204_ISHARA S. KODIKARAAFP via Getty Images_sri lanka debt ISHARA S. KODIKARA/AFP via Getty Images

    Rescuing Economic Growth in Highly Indebted Developing Countries

    Jan 11, 2023 Dani Rodrik, et al. explain what must change to prevent looming debt crises from making poor countries poorer.

  1. ghosh77_MANDEL NGANAFP via Getty Images_ajaybanga Mandel Ngan/AFP via Getty Images
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    The “Billions to Trillions” Charade

    Jayati Ghosh explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.
  2. aljasser1_SEYLLOUAFP via Getty Images_dakarairport Seyllou/AFP via Getty Images
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    Leveraging Islamic Finance for Sustainable and Resilient Infrastructure

    Muhammad Al Jasser shows how a hybrid financing model could help fund desperately needed projects in the developing world.
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    Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more

    Adekeye Adebajo argues that Israel’s war in Gaza is accelerating the trend toward global apartheid, highlights the strengths and weaknesses of United Nations peacekeeping missions, criticizes the militarization of US engagement with Africa, and more.
  4. alemanno1_MARCEL VAN HOORNANPAFP via Getty Images_debate MARCEL VAN HOORN/ANP/AFP via Getty Images
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    Europe’s Non-European Elections

    Alberto Alemanno highlights structural flaws that impede the European Union’s ability to address its current and future challenges.
  5. almubarak1_In Pictures Ltd.Corbis via Getty Images_africawomancooking In Pictures Ltd./Corbis via Getty Images
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    A Turning Point for Clean Cooking

    Razan Khalifa Al Mubarak & Joseph Nganga

    The models are in place to achieve clean cooking for all, which would have enormous benefits for the climate, health, and gender equality. Now rich-country governments, the private sector, and international organizations must agree to provide the necessary funding at this week’s IEA Summit on Clean Cooking in Africa.

     urge global leaders to provide the financing to end a practice with dire effects for health and the climate.
  6. qxu2_VCGVCG via Getty Images_chinashipping VCG via Getty Images
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    Why the US Can’t Win the Trade War With China – and Shouldn’t Try

    Qiyuan Xu argues that high capital outflows – largely a result of US policy – have resulted in an undervalued renminbi.
  7. eichengreen190_Tomohiro OhsumiGetty Images_japanexchange Tomohiro Ohsumi/Getty Images
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    The Dilemmas of the Dollar

    Barry Eichengreen

    The dollar's strength, particularly against major Asian currencies, has triggered a wave of skittishness in financial markets. Can anything be done to stem the greenback's rise, and even if something can be done, should it?

     asks whether anything can or should be done about the greenback's strength, especially against Asian currencies.
  8. matola2_Per-Anders PetterssonGetty Images_malawi cooking Per-Anders Pettersson/Getty Images
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    Clean Cooking Advances Women’s Empowerment

    Rachel Ruto outlines a gender-based strategy for improving energy access and reducing air pollution in Africa.
  9. kirtondarling1_Andreas RentzGetty Images_european green new deal Andreas Rentz/Getty Images
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    There Can Be No Business as Usual for European Industry

    Judith Kirton-Darling urges EU leaders to make a renewed Green Deal, backed by competitiveness-bolstering initiatives, a top priority.

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