Why the IFF is Unlikely to Help Poor Countries with Debt Relief

By Myriam Vander Stichele | Guest Blog | April 15, 2021

UN Secretary-General António Guterres and world leaders sounded the alarm on debt payments recently at a high-level meeting on debt and liquidity. There are too many high debt payments diverting money needed by poorer countries to tackle the pandemic and its economic downturn, climate change, and the UN sustainable development goals (SDGs). In April 2020, the G20 offered ways and conditions to the poorest countries for suspending servicing their debt during the pandemic by launching the Debt Servicing Suspension…

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Covid-19 and MSMEs: Addressing Information Barriers

By Anjali Tandon | Guest Blog | July 7, 2020

As many as three explicit interventions for the micro, small, and medium enterprises (MSMEs) were announced by the Indian government as part of the post-Covid-19 recovery stimulus programme. These include the long-pending revision in the definition of MSMEs, emergency collateral-free credit, and the promotion of e-market linkages in the times of social distancing. While all three initiatives are welcome, there exist several implications for the MSMEs.

For a long time, firms believed “the smaller the better” to avail benefits. These…

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The Best of Two Worlds? The Brazil-India Investment Treaty

By Martin Dietrich Brauch | Guest Blog | March 30, 2020

Two innovative investment treaty models developed by major emerging economies came to light in 2015 when Brazil concluded its first Cooperation and Facilitation Investment Agreements (CFIAs, or ACFIs, in its Portuguese-language abbreviation) marriage between the two: on…

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We Need a Bold Financial Response to Coronavirus

By Myriam Vander Stichele | Guest Blog | March 20, 2020

Now that the financial markets are in turmoil, authorities are providing ever more robust measures and extra capital. But the panic in the financial markets is very much of its own making. The financial industry succeeded for years in fiercely opposing intervention and regulation that would have prevented the current financial distress. Authorities now have to face the resulting weak regulatory framework and restrict the viral excesses of the financial industry’s behavior. Rather than fleeing and waiting on the…

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Why Did Argentina Impose Capital Controls?

By Prachi Agarwal | Guest Blog | September 23, 2019

On September 1, 2019, Argentine President Mauricio Macri imposed capital controls on the foreign exchange market to help control the depreciating peso and counter the rapid decline in foreign exchange reserves. This move comes at a time when the country is gearing up for its elections in October 2019. Is this an attempt to boost the economy that is already struggling with recessionary tendencies and is it, therefore, an attempt by President Macri to improve his public image?

The capital…

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