Showing 1 - 4 of 4
Getting sustainable debt right
News, Kevin P. Gallagher & José Antonio Ocampo & Kunal Sen, Published on 19/05/2025
» A slowing global economy, rising trade tensions, and increased risks of recession could mean a perfect storm for low- and middle-income countries (LMICs) burdened by high sovereign debt. Faced with exorbitant borrowing costs and an increasingly jittery international environment, these countries' potential for economic growth and development will be severely curtailed.
IMF must lead climate financing
Oped, Laurence Tubiana & Kevin P Gallagher, Published on 19/12/2023
» With their agreement at COP28 to "transition away from fossil fuels in energy systems", countries have made genuine progress on tackling climate change. But there is still much to do to mobilise the level of financing needed to turn the commitment into reality. International organisations -- especially the International Monetary Fund -- must step up. Though the IMF was relatively slow off the mark in the race to combat climate change, it has made great strides under Managing Director Kristalina Georgieva. But it must take its climate leadership much further.
Why capitalism needs leaders with stoic ideals
Oped, Jacob Soll, Published on 23/09/2022
» It might seem like an obscure footnote among the history-making events of 2022, but the year of Queen Elizabeth II's death coincides with the 300th anniversary of Adam Smith's birth.
How Tolstoy hurts Putin's attempt to rewrite history
Oped, Jacob Lassin, Published on 10/08/2022
» On April 10, Moscow police arrested Konstantin Goldman for brandishing a book in public. Mr Goldman had posted an image on social media in which he posed holding a copy of Tolstoy's War and Peace next to a section of a World War II monument that commemorates Kyiv's status as a Soviet "hero-city" -- a distinction given to cities that endured some of the harshest moments of the Nazi invasion. He was charged with violating Russia's prohibition against discrediting the military, a new law that carries a punishment of up to 15 years in jail.