Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
Blogs
Follow the Money
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China’s New Currency Peg
The peg that shall not be named, and all the trouble that creates. Read More
The Common Framework and Its Discontents
The IMF's debt sustainability assessments for Zambia and Sri Lanka differ so greatly that it's hard to understand how both emerged from the same institution. Case-by-case only works with some consistency across cases.
How an SDR Denominated Bond Could Work
How would an SDR bond work? Could such a bond issue help stretch the World Bank's and safely mobilize billions to fight poverty and finance investments in clean technology in the world's frontier markets?
The World Bank Stepped Up During the Pandemic
The World Bank (and the IMF) should get credit for increasing their lending to the world's poorest countries during the pandemic. But without additional action, net flows to developing economies will fall off a cliff.
China's Rising Holdings of U.S. Agency Bonds
China has discovered, once again, that the best alternative to a U.S. Treasury bond is a U.S. Agency bond...
Three Steps to Strengthen the U.S. Treasury's Foreign Exchange Report
The analytics used in the U.S. Treasury's Foreign Exchange Report should be updated to better capture the significant state flows that no longer appear as part of many country's disclosed foreign exchange reserves.
