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Paola Subacchi

Paola Subacchi

50 commentaries
4 videos & podcasts

Paola Subacchi is Incoming Chair in Sovereign Debt at Sciences Po.

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  1. Financial Sanctions Need Global Governance
    subacchi44_DNY59Getty Images_sanctionsmoneylaw DNY59/Getty Images

    Financial Sanctions Need Global Governance

    Apr 2, 2024 Paola Subacchi & Rosa M. Lastra warn that confiscating Russia's central-bank reserves would set a dangerous precedent in international law.

  2. Cry for Milei’s Argentina
    subacchi43_LUIS ROBAYOAFP via Getty Images_milei dollar LUIS ROBAYO/AFP via Getty Images

    Cry for Milei’s Argentina

    Nov 29, 2023 Paola Subacchi cautions against the incoming leader’s pledge to establish the greenback as the sole legal tender.

  3. The Italian Economy’s Moment of Truth
    subacchi42_FILIPPO MONTEFORTEAFP via Getty Images_meloni FILIPPO MONTEFORTE/AFP via Getty Images

    The Italian Economy’s Moment of Truth

    Jun 14, 2023 Paola Subacchi thinks this year’s growth slowdown will force the government to focus on a narrower set of priorities.

  4. What Role for the G20?
    whatley17_Leon Neal_Getty Images Leon Neal/Getty Images

    What Role for the G20?

    Jun 12, 2023 Mohan Kumar, et al. consider whether the forum is still fit for purpose now that great-power rivalries are ascendant.

  5. The Great Global Crack-Up
    subacchi41_ViaframeGetty Images_worldcrackingglobebreaking Viaframe/Getty Images

    The Great Global Crack-Up

    Mar 8, 2023 Paola Subacchi examines the risks generated by the geopolitics-fueled backlash against economic globalization.

  1. skidelsky200_Getty Images_speech Getty Images

    The Language of Political Control

    Robert Skidelsky views recent linguistic innovations as manipulative efforts to compel “correct” thought and perception.
  2. basu101_Alfonso Sangiao iStock  Getty Images Plus_voting Alfonso Sangiao/iStock / Getty Images Plus

    Globalization vs. Democracy

    Kaushik Basu highlights the contradictions and vulnerabilities inherent in the current international order.
  3. coyle36 Alishia AbodundeGetty Images INFRASTRUCTURE Alishia Abodunde/Getty Images

    The West’s New Infrastructure Imperative

    Diane Coyle explains why a broader conception of the term could reflect a renewed interest in investing in the future.
  4. bp iran israel Photo by Mostafa Alkharouf/Anadolu via Getty Images

    An Iran-Israel War?

    Iran’s mass ballistic missile and drone attack on Israel last week raised anew the specter of a widening Middle East war that draws in Iran and its proxies, as well as Western countries like the United States. The urgent need to defuse tensions – starting by ending Israel’s war in Gaza and pursuing a lasting political solution to the Israeli-Palestinian conflict – is obvious, but can it be done?

  5. nasheed3_MANDEL NGANAFP via Getty Images_georgieva MANDEL NGAN/AFP via Getty Images

    What a Climate-Aligned IMF Would Look Like

    Mohamed Nasheed & Rakesh Mohan explain how the managing director can fully position the institution to help the most vulnerable countries.
  6. ghosh76_Kristin Palitzapicture alliance via Getty Images_afrigen Kristin Palitza/picture alliance via Getty Images

    The Key to Transforming African Health

    Jayati Ghosh highlights efforts to foster scientific innovation and drug manufacturing on the continent.
  7. op_roach3_ Kevin FrayerGetty Images_china lagging consumption Kevin Frayer/Getty Images

    China’s Rebalancing Imperative

    Stephen S. Roach

    The most successful development stories almost always involve major shifts in the sources of economic growth, which in turn allow economies to reinvent themselves out of necessity or by design. In China, the interplay of mounting external pressures, lagging household consumption, and falling productivity will increasingly shape China’s policy choices in the years ahead.

    explains why the Chinese authorities should switch to a consumption- and productivity-led growth model.
  8. castaneda88_GERARDO MENOSCALAFP via Getty Images_latin america safety GERARDO MENOSCAL/AFP via Getty Images

    From Welfare State to Safe State in Latin America

    Jorge G. Castañeda & Carlos Ominami

    Designing a progressive anti-violence strategy that delivers the safety for which a huge share of Latin Americans crave is perhaps the most difficult challenge facing many of the region’s governments. But it is also the most important.

    urge the region’s progressives to start treating security as an essential component of social protection.
  9. ocampo57_Celal GunesAnadolu Agency via Getty Images_imf Celal Gunes/Anadolu Agency via Getty Images

    The Urgency of Sovereign-Debt Restructuring

    José Antonio Ocampo highlights the need for a comprehensive mechanism to deliver relief to low- and middle-income countries.

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