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Ishac Diwan

Ishac Diwan

27 commentaries

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

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  1. Curbing Debt-Fueled Unrest in Emerging Markets
    songwe14_ TONY KARUMBAAFP via Getty Images_kenya debt protest TONY KARUMBA/AFP via Getty Images

    Curbing Debt-Fueled Unrest in Emerging Markets

    Aug 14, 2024 Vera Songwe & Ishac Diwan propose a strategy for stabilizing economies that have become illiquid but are not insolvent.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  1. norrlof9_Chip SomodevillaGetty Images_trump Chip Somodevilla/Getty Images

    Tariff Man’s Risky Bet

    Carla Norrlöf

    In betting that the economic fallout from his sweeping new tariffs will be worth the gains in border security, US President Donald Trump is gambling with America’s long-term influence and prosperity. In the future, more countries will have even stronger reasons to try to reduce their reliance on the United States.

    thinks Donald Trump's trade policies will undermine the very goals they aim to achieve.
  2. parke2_Odd AndersenGettyImages_nihon_hidankyo_nobel Odd Andersen/Getty Images

    The Case for Abolishing Nuclear Weapons

    Melissa Parke calls for eliminating arsenals to commemorate the 80th anniversary of the bombings of Hiroshima and Nagasaki.
  3. acemoglu83_Anna BarclayGetty Images_deepseek Anna Barclay/Getty Images

    A Sputnik Moment for AI?

    Daron Acemoglu

    While America’s AI industry arguably needed shaking up, the news of a Chinese startup beating Big Tech at its own game raises some difficult questions. Fortunately, if US tech leaders and policymakers can take the right lessons from DeepSeek's success, we could all end up better for it.

    considers what an apparent Chinese breakthrough means for the US tech industry, and innovation more broadly.
  4. ronde1_PhotosbypatrikGettyImages_apps Photosbypatrik/Getty Images

    Danish Media’s United Stand Against Big Tech

    Karen Rønde urges all publishers to bargain collectively to secure the fair compensation quality journalism requires.
  5. ito44_ANDREW CABALLERO-REYNOLDSAFP via Getty Images_IwayaRubio Andrew Caballero-Reynolds/AFP via Getty Images

    East Asia Braces for Trump 2.0

    Takatoshi Ito warns America’s key regional allies to be prepared to make concessions to the new US administration.
  6. franks1_Tafadzwa UfumeliGettyImages_zimbabwe_lithium_mine Tafadzwa Ufumeli/Getty Images

    Africa Needs Mineral Security, Too

    Daniel M. Franks & Rüya Perincek highlight the necessity of building local value chains tailored to the continent’s economic realities.
  7. elsayedali1_Picture AllianceGettyImages_data_center_wires Picture Alliance/Getty Images

    Mitigating AI’s Climate Costs

    Sherif Elsayed-Ali proposes ways to realize the technology’s potential while mitigating its massive carbon footprint.
  8. naim2_CHANDAN KHANNAAFP via Getty Images_USvenezuela Chandan Khanna/AFP via Getty Images

    What Does Trump 2.0 Mean for Venezuela?

    Moisés Naím thinks the Maduro regime’s fate – and the country’s future – will be largely shaped by US policymakers.
  9. nye266_Apu GomesGetty Images_LAfires Apu Gomes/Getty Images

    Does Globalization Have a Future?

    Joseph S. Nye, Jr. worries that we will end up with only harmful long-distance dependencies, rather than beneficial ones.

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