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Marcelo M. Giugale

Marcelo M. Giugale

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Marcelo M. Giugale is Senior Director of the World Bank Group’s Global Practice for Macroeconomics and Fiscal Management.

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  1. The Creditworthy Poor?
    Creditworthy poor 401kcalculator.org/Flickr

    The Creditworthy Poor?

    Oct 6, 2014 Marcelo M. Giugale warns that poor countries' recent access to bond markets heralds the return of well-known risks.

  1. deryugina2_ANATOLII STEPANOVAFP via Getty Images_ukraine ANATOLII STEPANOV/AFP via Getty Images
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    Trump’s Best Hope for Peace Is to Support Ukraine

    Tatyana Deryugina, et al.

    Nearly two months before his return to the White House, Donald Trump appears intent on pressuring Ukraine to accept territorial losses in exchange for ending the war. Although a quick resolution may seem appealing, forcing Ukraine to capitulate would merely embolden Russia and its Chinese, Iranian, and North Korean allies.

     warn that trying to appease Putin could cast the American president-elect as a modern-day Neville Chamberlain.
  2. picture alliance/Getty Images
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    Should Ukraine Have Nuclear Weapons?

    Slavoj Žižek dismisses the idea that firing Western missiles at Russian targets represents a dangerous escalation.
  3. fischer122_NurPhotoGettyImages_berlin_wall_35th_leaders1 NurPhoto/Getty Images
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    The End of the Liberal West

    Joschka Fischer considers what Donald Trump’s return to the White House will mean for Europe and the post-war world order.
  4. op_disparte1_SadikDemirozGetty Images_digitaldollar FREDERIC J. BROWN/AFP via Getty Images
    5

    Trump’s Inflationary Triple Threat

    Maurice Obstfeld warns that the incoming administration’s agenda would weaken the Fed and destabilize the financial system.
  5. BP trump china MARK RALSTON/AFP via Getty Images
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    What Will Trump Do About China?

    US President-elect Donald Trump campaigned on a promise to take a confrontational approach to China, with tariffs as his weapon of choice. But unless his administration adopts a measured approach, his plans may end up harming American businesses and consumers, undermining US democracy, or even leading to military confrontation.

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    The Big Picture

    PS editors
  7. karman1_getty images_cooperation Getty Images
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    Human Progress in the Trump Era

    Tawakkol Karman, et al. propose ways to foster a culture of cooperation at a time of rising conflict and democratic erosion.
  8. frankel166_JemalCountessGettyImages_national_debt Jemal Countess/Getty Images
    3

    Elon Musk’s $2 Trillion Fiscal Fantasy

    Jeffrey Frankel

    It is often said that a businessman like Donald Trump or Elon Musk will know how to put America’s fiscal house in order. But between Trump’s planned tax cuts and Musk’s absurd estimate of how much federal spending can be reduced, the smart money says they have no idea what they are doing.

     dives into the incoming US administration’s absurd claim that fresh tax cuts will not increase the deficit.
  9. buchholz21_getty images_us china Getty Images
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    The Deal Trump Should Offer China

    Todd G. Buchholz proposes that the incoming US administration push for a debt write-off and market access instead of tariffs.

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