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Vera Songwe

Vera Songwe

Writing for PS since 2020
14 commentaries

Vera Songwe, Founder and Chair of the Liquidity and Sustainability Facility, is Senior Adviser at the Bank for International Settlements’ Financial Stability Institute.

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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. A New Dawn for US-African Cooperation?
    songwe13_Anna MoneymakerGetty Images_rutobiden Anna Moneymaker/Getty Images

    A New Dawn for US-African Cooperation?

    May 28, 2024 Vera Songwe identifies three ways that the United States can ultimately help itself by helping the continent.

  3. 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.

  4. 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.

  5. Financing Our Survival
    ilango1_Getty Images_esg Getty Images

    Financing Our Survival

    Sep 22, 2023 Vera Songwe explains what it will take to mobilize capital for the net-zero transition worldwide.

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  1. velasco151_SAUL LOEBAFP via Getty Images_harris Saul Loeb/AFP via Getty Images
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    Kamala Harris’s Liberal Patriotism

    Andrés Velasco & Daniel Brieba

    The US presidential candidate's appeal to love of country is the right thing at the right time. Disregard the surfeit of flags and overwrought rhetoric: a healthy dose of patriotism is required to win an election, in the US or anywhere else, and it is – and should be – an essential component of liberal and progressive politics.

     explain why the Democratic US presidential candidate's appeal to love of country is good politics.
  2. fofack27_ BENSON IBEABUCHIAFP via Getty Images_nigeriaprotests Benson Ibeabuchi/AFP via Getty Images
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    Confronting Africa’s Cost-of-Living Crisis

    Hippolyte Fofack

    While inflation and price growth have fallen in advanced economies, they remain stubbornly high in Africa, owing to rising food prices, the lack of formal employment opportunities, and austerity measures. The resulting protests in Nigeria and Kenya should encourage governments to rethink constraints on public spending.

     urges governments to rethink constraints on public spending and increase investment in human capital.
  3. benami217_ ALBERTO PIZZOLIAFP via Getty Images)_ancient rome ALBERTO PIZZOLI/AFP via Getty Images)
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    Why Rome Still Matters

    Shlomo Ben-Ami considers the ancient empire’s hold on the popular imagination and what its history has to teach us.
  4. hendy1_Sina Schuldtpicture alliance via Getty Images_maternity Sina Schuldt/picture alliance via Getty Images
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    Egypt’s Skyrocketing C-Sections

    Rana Hendy & Lobna Shaheen urge policymakers to take decisive steps to address the inequalities fueling the rise in cesarean deliveries.
  5. caballero1_Sanjeev VermaHindustan Times via Getty Images_indiashopping Sanjeev Verma/Hindustan Times via Getty Images
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    Asia’s Consumer Tipping Point

    Juan Caballero & Wolfgang Fengler highlight a milestone that marks the transition from poverty to a more typical middle-class lifestyle.
  6. Rodrik_Say-More_Rawf8-via-GettyRF
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    Kishore Mahbubani on the US-China rivalry, Asian security risks, and more

    Kishore Mahbubani offers advice to Western diplomats attempting to engage with Asia, identifies risks to the region’s stability, highlights Singapore’s lessons for developing-country leaders, and more.
  7. new delhi smog SAJJAD HUSSAIN/AFP/Getty Images
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    Tracking Air Quality the Right Way

    Soumya Swaminathan & Christa Hasenkopf call for an authoritative global accounting of the world’s single greatest external risk to human health.
  8. buchholz19_Tayfun CoskunAnadolu Agency via Getty Images_aukus Tayfun Coskun/Anadolu Agency via Getty Images
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    Countries That March Together Should Trade Together

    Todd G. Buchholz urges the next US president to distinguish good from bad actors, rather than raise tariffs haphazardly.
  9. op_roubini1_GettyImages_USChinamoneysewedtogether Getty Images
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    Resetting US-China Economic Relations

    Barry Eichengreen hopes that political will on both sides catches up with the opporunities for cooperation that now exist.

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