Publications

La confiance surprenante des marchés fi...
13 mai 2026 La confiance surprenante des marchés financiers dans les pays en développement

Two months after the Middle East war outbreak on February 28th, what are the wider impacts on developing countries beyond the region? Policymakers are concerned about severe effects such as fuel shortages, limited access to fertilisers and possibly food, along...

Un nouveau jour pour la Bolivie : Analys...
13 avril 2026 Un nouveau jour pour la Bolivie : Analyse d’une crise et visions d’avenir

When Rodrigo Paz assumed office in November 2025, he declared an "Economic, Financial, Energy, and Social Emergency." Bolivia's total debt stood alarmingly high at 95%, liquid reserves stood below one month of imports, and the country had run persistent current...

Les obligations Panda : peuvent-elles co...
30 mars 2026 Les obligations Panda : peuvent-elles constituer une option viable à grande échelle pour les pays en développement ?

Panda bonds-RMB-denominated sovereign debt issued in China's domestic market-are rapidly gaining traction among emerging market and developing economies (EMDEs). With Chinese government yields near historic lows and frontier market borrowing costs approaching 10%, the headline appeal is clear: cheaper funding...