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Vera Songwe

Vera Songwe

Writing for PS since 2020
12 commentaries

Vera Songwe is Senior Adviser at the Bank for International Settlements’ Financial Stability Institute.

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  1. Developing Countries’ Liquidity Crisis Is Not Over
    diwan27_ LUIS TATOAFP via Getty Images_kenya green energy LUIS TATO/AFP via Getty Images

    Developing Countries’ Liquidity Crisis Is Not Over

    Apr 16, 2024 Ishac Diwan & Vera Songwe urge global policymakers to prevent mass insolvency and finance urgent climate projects.

  2. Developing Countries Need Debt Relief to Act on Climate Change
    songwe12_FADEL SENNAAFP via Getty Images_climate debt FADEL SENNA/AFP via Getty Images

    Developing Countries Need Debt Relief to Act on Climate Change

    Jan 24, 2024 Ishac Diwan & Vera Songwe propose a mechanism for freeing up the fiscal space low-income economies need to invest in green growth.

  3. Financing Our Survival
    ilango1_Getty Images_esg Getty Images

    Financing Our Survival

    Sep 22, 2023 Vera Songwe explains what it will take to mobilize capital for the net-zero transition worldwide.

  4. Fully Replenishing the Green Climate Fund
    songwe11_AFP via Getty Images_libyaflood AFP via Getty Images

    Fully Replenishing the Green Climate Fund

    Sep 19, 2023 Vera Songwe & Mahmoud Mohieldin urge advanced economies to help developing countries by ensuring that the GCF has the resources it needs.

  5. Financing Our Survival
    ilango1_Getty Images_esg Getty Images

    Financing Our Survival

    Sep 11, 2023 Vera Songwe explains what it will take to mobilize capital for the net-zero transition worldwide.

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  1. almubarak1_In Pictures Ltd.Corbis via Getty Images_africawomancooking In Pictures Ltd./Corbis via Getty Images
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    A Turning Point for Clean Cooking

    Razan Khalifa Al Mubarak & Joseph Nganga urge global leaders to provide the financing to end a practice with dire effects for health and the climate.
  2. qxu2_VCGVCG via Getty Images_chinashipping VCG via Getty Images
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    Why the US Can’t Win the Trade War With China – and Shouldn’t Try

    Qiyuan Xu argues that high capital outflows – largely a result of US policy – have resulted in an undervalued renminbi.
  3. eichengreen190_Tomohiro OhsumiGetty Images_japanexchange Tomohiro Ohsumi/Getty Images
    1

    The Dilemmas of the Dollar

    Barry Eichengreen

    The dollar's strength, particularly against major Asian currencies, has triggered a wave of skittishness in financial markets. Can anything be done to stem the greenback's rise, and even if something can be done, should it?

     asks whether anything can or should be done about the greenback's strength, especially against Asian currencies.
  4. matola2_Per-Anders PetterssonGetty Images_malawi cooking Per-Anders Pettersson/Getty Images
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    Clean Cooking Advances Women’s Empowerment

    Rachel Ruto outlines a gender-based strategy for improving energy access and reducing air pollution in Africa.
  5. kirtondarling1_Andreas RentzGetty Images_european green new deal Andreas Rentz/Getty Images
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    There Can Be No Business as Usual for European Industry

    Judith Kirton-Darling urges EU leaders to make a renewed Green Deal, backed by competitiveness-bolstering initiatives, a top priority.
  6. zizek30_Fatima ShbairGetty Images_gaza Fatima Shbair/Getty Images
    4

    Protests of Despair

    Slavoj Žižek

    While the ongoing pro-Palestinian student protests have many superficial similarities to the student uprisings of the late 1960s, only the latter envisioned a new political movement to ameliorate the ills of their time. The current protesters' goals are far more modest, which makes them all the more tragic.

     sees the pro-Palestinian student demonstrations as a signal of a much deeper, widespread malaise.
  7. carstens5_Getty Images_finternet Getty Images
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    The Rise of the Finternet

    Agustín Carstens & Nandan Nilekani foresee a world in which cheap, secure, and near-instantaneous financial transactions are available to all.
  8. rodrik222_Kevin FrayerGetty Images_china solar panel Kevin Frayer/Getty Images
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    Don’t Fret About Green Subsidies

    Dani Rodrik sees no good argument against industrial policies that accelerate growth in decarbonization industries.
  9. gros186_Sean GallupGetty Images_euro Sean Gallup/Getty Images
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    Europe’s Geoeconomic Competitiveness Challenge

    Daniel Gros highlights the security risks raised by the prolonged decline of the EU’s relative economic power.

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