Publications

Conversions de dette en programmes de dÃ...
20 octobre 2025 Conversions de dette en programmes de développement: peuvent-elles devenir une classe d’actifs? 

A Trickle to a Stream: Can Debt-for-Development Swaps become an asset class? Commercial debt swaps have emerged as a strategic tool for governments seeking to manage and optimize their debt portfolios while advancing development objectives. Known as Debt-for-Development Swaps (D4D),...

Financer l’Europe : une évaluation du...
30 septembre 2025 Financer l’Europe : une évaluation du bilan de la Banque européenne d’investissement

There is widespread consensus that Europe requires increased investment to stimulate growth and address pressing challenges. However, fiscal constraints often hinder government-led initiatives. This policy note conducts a balance sheet analysis of the European Investment Bank (EIB) to determine the...

Pourquoi le coût de l’emprunt pour le...
15 septembre 2025 Pourquoi le coût de l’emprunt pour les pays en développement est-il si élevé ?

Why Are Borrowing Costs So High for Developing Countries? The Role of External Factors By Ishac Diwan & Brendan Harnoys-Vannier Over the past decade, borrowing costs for Low- and Lower-Middle-Income Countries (LLMICs) have risen sharply. In 2015, their Eurobond spreads...