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Ishac Diwan

Ishac Diwan

27 commentaries

Ishac Diwan is Research Director at the Finance for Development Lab.

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  1. Curbing Debt-Fueled Unrest in Emerging Markets
    songwe14_ TONY KARUMBAAFP via Getty Images_kenya debt protest TONY KARUMBA/AFP via Getty Images

    Curbing Debt-Fueled Unrest in Emerging Markets

    Aug 14, 2024 Vera Songwe & Ishac Diwan propose a strategy for stabilizing economies that have become illiquid but are not insolvent.

  2. 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.

  3. 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.

  4. Bridging the Climate-Development Gap
    rodrik213_James WakibiaSOPA ImagesLightRocket via Getty Images_kenyasolar James Wakibia/SOPA Images/LightRocket via Getty Images

    Bridging the Climate-Development Gap

    Sep 26, 2023 Dani Rodrik & Ishac Diwan explain how to free up fiscal space for sustainable development in many low- and middle-income countries.

  5. Growing Out of the Developing-Country Debt Crisis
    diwan23_STEFANI REYNOLDSAFP via Getty Images_spring meetinfs STEFANI REYNOLDS/AFP via Getty Images

    Growing Out of the Developing-Country Debt Crisis

    May 24, 2023 Ishac Diwan & Philippe Le Houérou show how multilateral banks can stave off a cascade of government defaults by scaling up concessional lending.

  1. chatoux1_Dilok KlaisatapornGetty Images_carbonremoval Dilok Klaisataporn/Getty Images

    How the EU Can Scale Up Carbon Removal

    Ludovic Chatoux & Sophia Escheu urge European policymakers to use regulation to increase investment in this crucial green technology.
  2. bildt130_Andrew Caballero-ReynoldsGettyImages_syria_pedersen_un Andrew Caballero-Reynolds/Getty Images

    The Way Forward in Syria

    Carl Bildt

    Governing Syria has never been a simple affair, given the country’s complex cultural, ethnic, and religious composition. The best chance the country has following the ouster of Bashar al-Assad is to follow the roadmap that the United Nations adopted in 2015.

    urges all parties involved to support the political roadmap that the United Nations adopted in 2015.
  3. alvarado1_Marcos PinGettyImages_ecuador_crime_scene Marcos Pin/Getty Images

    Crime Is Punishing Latin America’s Economies

    Nathalie Alvarado & Ana María Ibáñez explain how the problem acts as a tax on development – one that the region can no longer afford to pay.
  4. palacio164_GREG BAKERAFP via Getty Images_xichinesedream Greg Baker/AFP via Getty Images

    China’s New Social Contract

    Ana Palacio highlights a fundamental shift in priorities brought about by slowing growth and changing public expectations.
  5. haass175_Citizens of the PlanetGettyImages_oil_rig_solar_panels

    The Energy Transition That Couldn’t

    Richard Haass & Carolyn Kissane

    Dominant intellectual frameworks persist until their limitations in describing reality become undeniable, paving the way for a new paradigm. The idea that the world can and will replace fossil fuels with renewables has reached that point.

    argue that replacing fossil fuels with renewables is an idea that has exhausted its utility.
  6. frankel167_erhui1979Getty Images_dollarfalling erhui1979/Getty Images

    Can Trump’s Tariff Threats Save Dollar Hegemony?

    Jeffrey Frankel warns that the US president-elect’s reckless rhetoric could undermine his stated objectives.
  7. gros192_The Washington PostGettyImages_us_plant_construction The Washington Post/Getty Images

    Can Industrial Policy Revive Manufacturing?

    Daniel Gros shows that Joe Biden’s subsidies failed to boost industrial production – and Donald Trump’s tariffs will, too.
  8. cabreraleal1_LUIS ACOSTAAFP via Getty Images_colombiamining Luis Acosta/AFP via Getty Images
    Free to read

    Responsible Mining Can Advance Global Environmental Goals

    Mauricio Cabrera Leal urges global policymakers to establish mechanisms that promote ethical resource extraction.
  9. boehm1_Alona HorkovaGetty Images_moneytransfer Alona Horkova/Getty Images

    The Missing Monetary-Policy Tool

    Johannes Boehm & Xavier Jaravel think that central banks should be prepared to carry out direct transfers to households as a last resort.

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