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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.

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    Human Progress in the Trump Era

    Tawakkol Karman, et al. propose ways to foster a culture of cooperation at a time of rising conflict and democratic erosion.
  2. frankel166_JemalCountessGettyImages_national_debt Jemal Countess/Getty Images
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    Elon Musk’s $2 Trillion Fiscal Fantasy

    Jeffrey Frankel

    It is often said that a businessman like Donald Trump or Elon Musk will know how to put America’s fiscal house in order. But between Trump’s planned tax cuts and Musk’s absurd estimate of how much federal spending can be reduced, the smart money says they have no idea what they are doing.

     dives into the incoming US administration’s absurd claim that fresh tax cuts will not increase the deficit.
  3. buchholz21_getty images_us china Getty Images
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    The Deal Trump Should Offer China

    Todd G. Buchholz

    To address what he sees as an unfair Sino-American economic relationship, Donald Trump should focus not on trade but on China's currency manipulation and massive holdings of US debt. After all, why saddle US consumers with higher costs when you can demand reparations directly from a foreign competitor?

     proposes that the incoming US administration push for a debt write-off and market access instead of tariffs.
  4. muzikarova7_NurPhotoGettyImages_cyberconference_poland NurPhoto/Getty Images
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    Central and Eastern Europe’s Bid for AI Dominance

    Soňa Muzikárová outlines steps policymakers can take to harness the technology’s potential to boost growth and prosperity.
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    Can Technology End Corruption?

    Azalina Othman Said thinks that powerful new digital tools can help, but only if governments commit to upholding the rule of law.
  6. scherger1ARMEND NIMANIAFP via Getty Images_farming ARMEND NIMANI/AFP via Getty Images
    Free to read
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    Carbon Farming Won't Save the Planet

    Sophie Scherger warns that soil-storage offsets may serve as a smokescreen for polluting industries.
  7. bildt129_MaximShipenkovGettyImages_valdai_putin_fail Maxim Shipenkov/Getty Images
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    Putin’s March of Folly

    Carl Bildt argues that Russia’s president has only his own poor decisions to blame for his country’s loss of status.
  8. hausmann117_TONY KARUMBAAFP via Getty Images_africawindfarm Tony Karumba/AFP via Getty Images
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    A Better Approach to Climate Finance

    Ricardo Hausmann shows how developing countries can accelerate global decarbonization while creating new growth opportunities.
  9. ghosh83_CHRISTIAN MONTERROSAAFP via Getty Images_trump cop CHRISTIAN MONTERROSA/AFP via Getty Images
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    Trump’s Bad COP

    Jayati Ghosh says the Paris climate agreement’s future depends on how other countries respond to the new US administration.

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