Early and Credible Debt Treatment Pay Higher Dividend By Vera Songwe Download the Note The US economy, once deemed strong, faces significant challenges amid rising global uncertainties and capital flight from emerging markets. While multilateral banks like the IMF and...
Maximizing Climate Finance Through Guarantees By Reuben M. Wambui & Josea K. Cheruiyot Download the Paper In the face of escalating climate challenges, mobilizing private capital for climate finance has never been more critical. This new paper, "Enhancing the Effectiveness...
The Jubilee Report presents a comprehensive blueprint aimed at addressing the intertwined challenges of debt, development, and economic sustainability. This pivotal document, launched on June 20, 2025, by the Pontifical Academy of Social Sciences (PASS) in collaboration with Columbia University’s Initiative for Policy Dialogue (IPD), underscores the urgent need for systemic reform in the global financial architecture. Featuring insights from a distinguished panel of international experts, including renowned economists Joseph Stiglitz and Martín Guzmán, the report offers actionable strategies to foster a people-centered, sustainable global economy.