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Ishac Diwan

Ishac Diwan

23 commentaries

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

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  1. 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.

  2. Rescuing Economic Growth in Highly Indebted Developing Countries
    rodrik204_ISHARA S. KODIKARAAFP via Getty Images_sri lanka debt ISHARA S. KODIKARA/AFP via Getty Images

    Rescuing Economic Growth in Highly Indebted Developing Countries

    Jan 11, 2023 Dani Rodrik, et al. explain what must change to prevent looming debt crises from making poor countries poorer.

  3. A Fork in the Road for Development Financing
    dcohen7_erhui1979Getty Images_forkroad erhui1979/Getty Images

    A Fork in the Road for Development Financing

    Aug 19, 2022 Daniel Cohen & Ishac Diwan see two options for addressing debt distress in developing countries now that financial conditions have soured.

  4. Can Sudan's Democratic Opening Be Reopened?
    diwan20_ASHRAF SHAZLYAFP via Getty Images_burhan ASHRAF SHAZLYAFP via Getty Images

    Can Sudan's Democratic Opening Be Reopened?

    Nov 16, 2021 Ishac Diwan & Ibrahim Elbadawi argue that, following last month’s military coup, greater external financial and political support is crucial.

  5. Lebanon’s Dysfunctional Political Economy
    diwan19_Mahmut GeldiAnadolu Agency via Getty Images_lebanon protest Mahmut Geldi/Anadolu Agency via Getty Images

    Lebanon’s Dysfunctional Political Economy

    Jul 27, 2020 Ishac Diwan blames the government's failure to take action on political and economic elites' perverse incentives.

  1. delong252_ Spencer PlattGetty Images_USinequality Spencer Platt/Getty Images
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    Can America Escape Its Second Gilded Age?

    J. Bradford DeLong recalls how the country overcame a previous era of extreme income and wealth inequality.
  2. palacio145_JAVIER SORIANOAFP via Getty Images_sanchez JAVIER SORIANO/AFP via Getty Images
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    Can Spain Show European Leadership?

    Ana Palacio

    In an era of geopolitical rebalancing, Europe needs a more cohesive stance in international forums, together with stronger strategic partnerships, to enhance its global influence. Spain can contribute to these goals when it assumes the presidency of the Council of the EU next month – if domestic politics do not get in the way.

     worries that a snap election will undermine the effectiveness of the country’s Council of the EU presidency.
  3. tharoor179_Ritesh ShuklaGetty Images_modirally Ritesh Shukla/Getty Images
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    The Modi Decade

    Shashi Tharoor assesses the sources of the Indian government's popularity, despite its mixed record over the last nine years.
  4. reichlin30_Omar HavanaGetty Images_commission proposal Omar Havana/Getty Images
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    The Fight Over EU Fiscal Reform

    Lucrezia Reichlin

    In April, the European Commission released an updated proposal for reforming the Stability and Growth Pact that includes more rigid debt “safeguards.” But the changes defeat the entire purpose of devising a new framework for member states’ fiscal policies.

     shows why the European Commission’s latest proposal, in contrast to its predecessor, solves nothing.
  5. sirleaf6_KOLA SULAIMONAFP via Getty Images_biodiversity africa KOLA SULAIMON/AFP via Getty Images
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    Governments Must Meet Their Biodiversity Pledges

    Ellen Johnson Sirleaf implores wealthy donor countries to deliver on the promises they made at COP15 to protect natural capital.
  6. haldar21_Getty Images Getty Images
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    Revisiting the Behavioral Revolution in Economics

    Antara Haldar assesses the legacy of the intellectual challenge to the view that rational self-interest guides our actions.
  7. varoufakis104_Andrew LichtensteinCorbis via Getty Images_amazonunion Andrew Lichtenstein/Corbis via Getty Images
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    New AI Germ Busters Can Also Bust Unions

    Yanis Varoufakis shows how an AI-driven biomedical breakthrough could rob workers of what little power they have left.
  8. james206_anilakkusGetty Images_globalization anilakkus/Getty Images
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    Globalization’s Warring Narratives

    Harold James examines the analytical disagreements that are hampering management of an unavoidable phenomenon.
  9. op_nagymohacsi2_Namthip MuanthongthaeGetty Images_CBDC Namthip Muanthongthae/Getty Images
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    The Digital Economy’s New Monetary Imperative

    Piroska Nagy Mohácsi thinks governments must embrace central bank digital currencies or risk a fundamental loss of control.

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