Credit reset

Credit reset

Dear Friends, Attached is a Reuters op-ed I wrote with Stuart Macintosh about the need for China to be more transparent and flexible on restructuring the loans it has made to emerging market countries.  Unlike in past sovereign debt crisis, China is now a major...
Global Policymakers: The Macro View

Global Policymakers: The Macro View

Dear Friends, I was recently asked by the Foreign Policy Association’s Great Decisions series to give my views on the world economy.  I discussed the G20 meetings held in November, the effects of the COVID-19 pandemic on the economies of the emerging markets, my...
Mind the gap

Mind the gap

Dear Friends: Please find attached an op-ed written by Cristina Valencia, an epidemiologist who consults with the World Health Organization and myself concerning Latin America’s effort to contain the Covid-19 pandemic. We point out that without additional funding the...