How much of a threat to US debt sustainability is Trump’s One Big Beautiful Bill Act?
The US should start fiscal adjustment as soon as it can if it wants to head off the risk of exploding debt related to Trump’s
Budgeting in uncertain times: making every penny count
Governments everywhere are facing significant fiscal challenges due to rising debt, ageing populations trend in some parts of the world such as Asia, Europe and Northern America,
A Three-Pronged Strategy Can Help Developing Economies Attract FDI and Unlock its Full Potential
Foreign direct investment (FDI) plays a critical role in the world economy. Global FDI flows averaged almost $2 trillion per year during the past decade, up
China’s electronics export juggernaut and lessons for the US
In 2021, China’s electronics exports exceeded those of the other five leading exporters combined. This column analyses the rise of China as a centre for
The new currency war: The US-China digital rivalry as a test of monetary discipline
Digital currencies pegged to fiat money face a built-in tension between credibility and competition, creating a ‘stablecoin paradox’. This column analyses the competing frameworks of
US budget deficit forecast $1trln higher over next decade, watchdog says
The Committee for a Responsible Federal Budget’s latest forecasts show a cumulative deficit of $22.7trln from fiscal 2026 to 2035. U.S. federal budget deficits will
Navigating debt and trade: Data show persistent debt challenges for developing countries amid uncertain trade prospects
Low- and middle- income countries (LMICs) have rebounded strongly since the COVID-19 pandemic. Gross national income (GNI) among these countries was resilient in 2023, at
Violent conflict and cross-border lending
How states leverage sovereign debt to support their military endeavours has been examined thoroughly, but the relationship between private finance and armed conflict remains underexplored.
Beyond fragmentation: Building self-reliance in a shifting aid landscape
The global development landscape is undergoing seismic shifts. Foreign aid, a critical lifeline for billions, is shrinking, after becoming fragmented at an alarming rate over the
Too much of a good thing: The role of the global US dollar
A confluence of negative forces – some the result of self-inflicted wounds and rising uncertainty about US policies and others relating to global developments and
