🌍 Today at #DebtCon8 we’re launching the African Debt Database (ADD). The 1st instrument-level dataset covering both domestic and external sovereign debt across the African continent. With @markya.bsky.social @davidmihalyi.bsky.social Niccolò Rescia, Christoph Trebesch, and Ka Lok Wong.

DebtNerds drinks at the very cool Ground Control in Paris with @agelpern.bsky.social @davidmihalyi.bsky.social @mkessler.bsky.social @theomaret.bsky.social @diegorivetti.bsky.social

World Bank report "Radical Debt Transparency" (reposting today since link changed overnight), led by Diego Rivetti, & @davidmihalyi.bsky.social with contributions from Anirudh Bharadwaj, Roberto Lobarinhas, and Rowan David Rockafellow. www.worldbank.org/en/publicati...

Sovereign debt data is improving, but the devil is in the details. In a new WB report, @diegorivetti.bsky.social , @davidmihalyi.bsky.social, Ainrudh Bharadwaj, Roberto Lobarinhas, and I look at how debt transparency has evolved since COVID. Lots of interesting tidbits. A few of my thoughts:

Interested in sovereign debt transparency? The Sovereign Debt Forum is running this event on May 14, in conjunction with the IMF Legal Department. Details on registration for the virtual event are here: @princetonsovfinlab.bsky.social

Out with the calculator, in with the policy paper? Not so fast… odi.org/en/insights/...

This is great news. Congratulations to Laura Ilan and the IDB

The Senegal 'hidden debt' audit report is out: "La Cour constate"... "un montant de 155 milliards de F CFA sans couverture budgétaire." "Le Ministère des Finances et du Budget précise que le montant"..."est imputé par erreur" www.aisccuf.org/actualites/s...

Why do China's sovereign debt restructurings take so long and deliver such weak relief? A dream team of experts connects the dots between domestic political economy constraints & international outcomes. www.hks.harvard.edu/sites/defaul... #EconSky #FinSky #China

Our sovereign debt transparency moonshot! Keeping the faith. #publicdebtispublic @upanizza.bsky.social @theomaret.bsky.social @laynamosley.bsky.social www.law.georgetown.edu/iiel/initiat...

📣 📚 New Release! We just published a Working Paper along with a comprehensive database that spans 1️⃣1️⃣ years and includes 6️⃣0️⃣5️⃣ Debt Sustainability Analyses for Low-Income Countries. Our goal is to allow researchers to dig into how debt projections are made and their impact.

At @goodauth.bsky.social, @laynamosley.bsky.social and @peterrosendorff.bsky.social's new Good to Know post gives some nuts and bolts of sovereign debt. A useful resource for teaching (and for convincing others that the politics of debt are important!) goodauthority.org/news/good-to...

📣 📊 The latest World Bank International Debt Statistics 2024 reveal a worsening crisis for developing countries. With rising global interest rates & capital outflows, financial fragility is at an all-time high. Read our Short Note👇. #DebtCrisis #GlobalEconomy

Best purchase in 2024? This little gadget ('Brick') that blocks all distractions on my phone regularly to get quality time & focus, including offline Saturdays. getbrick.app

My 2024 in book reviews. Less books & more negative than earlier years but hopeful for a lot better in 2025. www.goodreads.com/review/list/...

A new episode of @planetmoney.bsky.social Indicator features Sebastian Horn discussing his work on hidden sovereign debt. Definitely worth a listen! www.npr.org › 2024/12/10 › mozambique-tuna-... One finding is that bilateral official debt is most likely to be underreported. [1/2]

Nobody does better at explaining my wonky interests to my non-economist friends than @planetmoney.bsky.social. So thrilled they covered our research on Hidden Debt in their latest episode of the Indicator Podcast: podcasts.apple.com/us/podcast/t...

Talking with the FT about the Ivory Coast / World Bank swap deal. Couple of good things on this one. Managed to drive down intermediation costs by side stepping SPV structure and allowed the country to allocate proceeds from transaction. on.ft.com/3BhkuzW

World Bank / debt swaps: "But for true, lasting impact, debt for development swaps must focus on three key criteria: efficient use of resources to maximize impact, robust transparency and governance to ensure savings are properly managed, ..."

New IDS 2024 debt data is out in all its granularity. See changes in creditor composition in the debt stock of low and middle income countries. www.worldbank.org/en/programs/...

Why start with US, when could alter energy pathways more radically elsewhere? See global estimates by @jzettelmeyer.bsky.social et al. greatcarbonarbitrage.com

Something beyond the scope of the paper but still important is that the tools for getting critical IMF financial data haven't been updated since the Netscape era. The data is de jure public but mostly unusable for systematic analysis.

Why is Brad Setser not here and what can we do about it

Some promising improvements, but then also "Continue the MAC SRDSF’s special deletions, on a temporary basis, pending further experience with the application of the SRDSF framework."

A (very) short paper on (I think) something important. When I have 5 minutes I will do a thread about it. @clemensgvl.bsky.social @diegorivetti.bsky.social @davidmihalyi.bsky.social @theomaret.bsky.social @kpatricio.bsky.social

Call for papers for "Finance and Development" Workshop

I'm in Paris next week. Ping me if you are up for 🥐☕🍷.

Can't believe this wasn't a thing yet— 50 *women* in political economy I follow & you should too! 💡 Send me more! 🙋‍♀️ go.bsky.app/QFrdfh3