Publications

Debt Crisis in Senegal: A Strategic Comp...
19 January 2026 Debt Crisis in Senegal: A Strategic Compass

By Abdoulaye Ndiaye (NYU Stern School of Business) & Martin Kessler (FDL) A Strategic Compass for Navigating Senegal's Debt Crisis Download Policy Note Senegal enters 2026 with a soaring public debt and very limited options; there are no "good" options left...

Eurobond Market: The Tide is Rising, But...
10 January 2026 Eurobond Market: The Tide is Rising, But Not All Boats are Equal

Eurobond Market: The tide is rising, but not all boats are equal In a pivotal moment for emerging markets, international capital markets have reopened after two years of closures, sparking a surge in issuance volumes and a narrowing of spreads....

On the Way Out of Lebanon’s Triple...
29 December 2025 On the Way Out of Lebanon’s Triple Crisis

Six years into Lebanon's crisis, national income has declined to half its potential, necessitating urgent reforms to restore economic growth. The situation is complicated by the interconnected issues of banking sector restructuring, public debt, and currency stability (Diwan and Chaoul,...