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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. hoven1_Ashley CooperConstruction PhotographyAvalonGetty Images_housesolarpanel Ashley Cooper/Construction Photography/Avalon/Getty Images

    The Key to Universal Energy Access Is Green

    Ingrid-Gabriela Hoven & Francesco La Camera tout the transformative potential of distributed renewable energy systems.
  2. rajan97_Douglas RissingGettyImages_us_dollar_treasury Douglas Rissing/Getty Images

    Trumponomics’ Exorbitant Burden

    Raghuram G. Rajan

    According to the incoming chair of US President Donald Trump’s Council of Economic Advisers, America runs large trade deficits and struggles to compete in manufacturing because foreign demand for US financial assets has made the dollar too strong. It is not a persuasive argument.

    is unpersuaded by the argument made by presidential advisers for unilaterally restructuring global trade.
  3. norrlof11_SOPA ImagesGettyImages_bitcoin_us_dollar SOPA Images/Getty Images

    Trump, Bitcoin, and the Future of the Dollar

    Carla Norrlöf

    By launching new trade wars and ordering the creation of a Bitcoin reserve, Donald Trump is assuming that US trade partners will pay any price to maintain access to the American market. But if he is wrong about that, the dominance of the US dollar, and all the advantages it confers, could be lost indefinitely.

    doubts the US administration can preserve the greenback’s status while pursuing its trade and crypto policies.
  4. khrushcheva190_Andrew HarnikGettyImages_trump_zelensky_oval_office Andrew Harnik/Getty Images

    Fear and Loathing in the Oval Office

    Nina L. Khrushcheva sees traces of Stalin and Mao in Donald Trump’s penchant for ritual humiliation of foe and friend alike.
  5. juergensgrant1_R. Satish BabuGettyImages_india_construction_worker R. Satish Babu/Getty Images

    Future-Proofing Social Protection

    Florian Juergens-Grant & Luca Pellerano explain why employers’ contributions should be determined by capital intensity, not just labor stock.
  6. coyle38_DrAfter123Getty Images_AI DrAfter123/Getty Images

    Diane Coyle on innovation, AI, economic data, and more

    Diane Coyle suggests ways to account for “free” digital services in economic frameworks, considers how to prevent the emergence of AI monopolies, warns that cutting funding for basic research is tantamount to destroying the US economy’s foundations, and more.
  7. schor2 Getty Images

    Long Weekends Forever

    Juliet B. Schor recognizes the technology's potential to facilitate a four-day workweek, benefiting workers and owners alike.
  8. karman2 Getty Images

    Overcoming the Sectarian Challenge to Democracy

    Tawakkol Karman explains what it will take to forge a sustainable political settlement in Syria and elsewhere in the Middle East.
  9. johnson183 Getty Images

    The World According to the Oligarchs

    Simon Johnson explains how techno-monopolists’ consolidation of political power in the United States will play out.

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