1/15 In their new paper, @Martin_M_Guzman and @JosephEStiglitz examine a key theme for understanding the outcomes of sovereign debt negotiations in crisis: the practice of sovereign debt sustainability analysis (DSA). 🧵
Yesterday Pope Francis delivered this speech calling for a bold, creative new financial architecture that will end debt crises and give people across the Global South a dignified future: vatican.va/content/france…
"Tech companies know that if there is an open, democratic debate about data security, consumers’ concerns about digital safeguards will win out."
Read @JosephEStiglitz's piece "A Big Defeat for Big Tech" for @ProSyn
IMF surcharges exacerbate global inequities. There's growing momentum to reform IMF policy.
During the #IMFSpringMeetings last week, @Martin_M_Guzman led a meeting to discuss four proposals:
More than half of global sovereign debt contracts are governed by New York State law -- which sets a NINE PERCENT pre-judgment compensatory rate for debts in default.
@Martin_M_Guzman and @JosephEStiglitz led a meeting to discuss upcoming NYS legislation to remedy that rate.
The Journal of Globalization and Development (@journalgd) publishes academic research and policy analysis on globalization, development, and in particular the complex interactions between them.