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Ishac Diwan

Ishac Diwan

25 commentaries

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

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  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. A Fork in the Road for Development Financing
    dcohen7_erhui1979Getty Images_forkroad erhui1979/Getty Images

    A Fork in the Road for Development Financing

    Aug 19, 2022 Daniel Cohen & Ishac Diwan see two options for addressing debt distress in developing countries now that financial conditions have soured.

  1. prasad24_Michael M. SantiagoGetty Images_nyse Michael M. Santiago/Getty Images

    A Weak, Uneven Global Recovery

    Eswar Prasad & Caroline Smiltneks explain why domestic political divisions and inflationary pressures jeopardize current market optimism.
  2. singer230_View PicturesPeter CookUniversal Images Group via Getty Images_cambridge View Pictures/Peter Cook/Universal Images Group via Getty Images

    Will Cambridge Support Free Speech?

    Peter Singer examines the university’s ongoing case against Nathan Cofnas, a research fellow who advocates “race realism.”
  3. bp china economy1 CFOTO/Future Publishing via Getty Images

    Can China Get Out of Its Rut?

    China’s authorities have powerful economic-policy levers at their disposal to achieve their 5% growth target this year and to put the economy on a more sustainable long-term growth path. But several trends – from the shift toward state capitalism to population aging to the loss of goodwill between Chinese and Americans – could thwart China’s ambition to join the ranks of high-income countries by mid-century.

  4. roach164_PEDRO PARDOPEDRO PARDOPOOLAFP via Getty Images_china development forum PEDRO PARDO/POOL/AFP via Getty Images

    China Stifles Its Own Debate

    Stephen S. Roach

    For more than two decades, the China Development Forum was a meeting where foreign business, political, and academic leaders could debate the state of the Chinese economy with the country’s highest leaders. But this year’s gathering eschewed open and honest dialogue, in favor of telling only “good stories” about China.

    bemoans the transformation of the country’s most important platform for open dialogue into a schmooze-fest.
  5. pdoyle1_ISSOUF SANOGOAFP via Getty Images_cfa franc ISSOUF SANOGO/AFP via Getty Images

    Leaving Africa’s Colonial-Era Currency Will Be Hard, But May Be Wise

    Peter Doyle considers how exiting the CFA franc zone could benefit Burkina Faso, Mali, and Niger, despite the challenges.
  6. benami212_Elyxandro CegarraNurPhoto via Getty Images_eumilitary Elyxandro Cegarra/NurPhoto via Getty Images

    Europe’s War Jitters

    Shlomo Ben-Ami urges EU member states to prepare for the possibility of the US abandoning its NATO commitments.
  7. mazzucato62 Getty Images

    Governments Must Shape AI’s Future

    Mariana Mazzucato & Fausto Gernone

    As with social media, the incentives around AI are aligned for rent extraction, where large companies, acting as intermediaries, amass profits at others’ expense. Governments urgently need to step in to ensure that the technology is being designed and brought to market in ways that will serve the common good.

    urge policymakers to see themselves as proactive participants in technological innovation and market-making.
  8. duquemarquez2_ArterraMarica van der MeerUniversal Images Group via Getty Images_guyana Arterra/Marica van der Meer/Universal Images Group via Getty Images

    How Guyana Became Latin America’s Leading Development Lab

    Iván Duque Márquez highlights the current government’s unique approach to managing its renewable and non-renewable resources.
  9. sierakowski107_Beata ZawrzelNurPhoto via Getty Images_poland Beata Zawrzel/NurPhoto via Getty Images

    Beating Back Populists at the Grassroots

    Sławomir Sierakowski interprets the seemingly mixed results of recent municipal and provincial elections in Poland.

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