Publications

A bridge to climate action...
05 January 2024 A bridge to climate action

Investments in climate will become almost impossible for developing countries at risk of debt distress. Vital investments to re-ignite growth and progress on climate action in developing economies are doomed to fail if the current debt overhang remains unaddressed. NEW...

How the UK Can Plug the ODA Hole: A Mod...
14 March 2025 How the UK Can Plug the ODA Hole: A Modest Proposal for Financial Engineering

By Stephen Paduano On 28 February 2025, Prime Minister Keir Starmer announced a significant reduction in the UK's Official Development Assistance (ODA) from 0.5% to 0.3% of gross national income, translating to a projected £6.2 billion drop in funding. This...

Towards a productive “new” L...
03 March 2025 Towards a productive “new” Lebanon

In "old" Lebanon, basic tenets of liberalism were hijacked and replaced by a Byzantine labyrinth of oligarchy and cartels and by insidious government-private sector interactions. The new Lebanon we're after should be organized around principles of respect for individual freedoms,...

Debt For What Swaps? Guiding Principles ...
26 February 2025 Debt For What Swaps? Guiding Principles for the Allocation of Debt Swaps Resources

By Adil Ababou Over the past three years, debt swaps have experienced a remarkable revival. They have transitioned from relying on donor debt cancellation efforts to being applied on a large scale for commercial debt, leveraging credit enhancement mechanisms. The...