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In the News

Jun 4, 2020

Mathew Burrows briefs World Affairs Council of Oregon on scenarios for a post-COVID world

By Atlantic Council

China Coronavirus

Event Recap

Jun 2, 2020

Afreximbank president champions African free trade alongside COVID-19 response

By Africa Center

On Tuesday, June 2, the Africa Center hosted Prof. Benedict Oramah, President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank), for a discussion on innovative financing amid COVID-19.

Africa Coronavirus

New Atlanticist

May 28, 2020

The EU recovery plan: A “Merkel” but not a “Hamilton” moment

By Hung Tran

While the EU coronavirus recovery plan is a good step toward more fiscal cohesion, it is nowhere near fostering a fiscal union.

Coronavirus European Union

New Atlanticist

May 27, 2020

Suma Chakrabarti says EBRD is committed to financing post-coronavirus recovery

By Larry Luxner

Unlike the much larger International Monetary Fund (IMF) or World Bank, the London-based European Bank for Reconstruction and Development (EBRD) stands out as being the only international financial institution that will focus its 2020-21 activities exclusively on the COVID-19 pandemic.

Coronavirus Inclusive Growth

New Atlanticist

May 27, 2020

A new era in financial diplomacy: The third evolution of Bretton Woods

By Michael Greenwald

China has made significant waves by introducing its own digital yuan this past month. The United States should turn to its allies for support and cooperation in building an alternative to the Chinese solution for digital currencies.

China Digital Currencies

New Atlanticist

May 26, 2020

EU looks for next step in coronavirus economic response

By Bart Oosterveld

An agreement within the EU to not only jointly issue debt, but to disburse the proceeds of those debt issuances in the form of grants to financially weaker member states, would be an important moment in capital markets.

Coronavirus European Union

In the News

May 20, 2020

Younus in his podcast “Pakistonomy,” episode 18: Economic Decline: A Historian’s Take

By Atlantic Council

Economy & Business Inclusive Growth

New Atlanticist

May 20, 2020

The day after COVID-19 and saving emerging markets

By Mohammed Soliman and Francisco Campos

While developed markets have responded with historical levels of fiscal stimulus, globally there is immediate fiscal need in the emerging markets to tackle the health and economic fallout.

Africa Coronavirus

New Atlanticist

May 18, 2020

India’s new COVID MSME package: Critical assistance or symbolic gesture?

By Ketki Bhagwati

The plan's centerpiece, the loan guarantee program, which transfers the full liability of loan losses of eligible borrowers to the exchequer, however, appears ill-conceived at a time when the government is scrambling to contain the fiscal deficit. Structuring the program to cover the credit and performance risks of MSME loan portfolios of financial institutions through risk participation or risk sharing would have been a wiser choice for the government.

Coronavirus India

New Atlanticist

May 18, 2020

Partial Eurobond not the answer to Europe’s coronavirus economic downturn

By Bart Oosterveld

Some have argued that a partial Eurobond instrument, backed for example by France, Italy, and Spain, could be set up as a risk sharing and/or solidarity tool to partially finance the recovery out of the economic downturn caused by the pandemic. This is a truly awful idea as such an instrument would deliver none of the potential benefits of a Eurobond, while simultaneously creating asymmetric risks on capital markets.

Coronavirus European Union

Experts