Ten years into the Belt and Road Initiative (BRI), 80% of China’s government loans to developing countries have gone to nations in debt distress. The Chinese Communist Party has now made BRI an ...
The Summit for a New Global Financing Pact in Paris this month certainly cannot be accused of lacking ambition. But a new global effort to increase developing countries' fiscal space can succeed only ...
The latest debt-ceiling drama playing out in Washington is more worrying than usual. Even if President Joe Biden and congressional Republicans come to terms, the economic and financial damage could be ...