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September 5, 2024

Sub-Saharan Africa
The Truth About Africa's "Debt Crisis"

Africa has a governance crisis, not a debt crisis.

Senegal's Foreign Minister Yassine Fall, China's Foreign Minister Wang Yi, and DRC's Foreign Minister Jean-Claude Gakosso attend a press conference during the 2024 Summit of the FOCAC in Beijing, China on September 5, 2024.

September 6, 2024

United States
Election 2024: The United States Has a Debt Problem

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: Whoever wins in November could find their policy plans stymied by a mounting national debt.

Debt Screen

Present

Sovereign and Sub-Sovereign Debt Restructuring

Countries borrow too much, often in foreign currency, and sometimes cannot repay on time and in full. The rules for determining how sovereign restructuring proceeds, how any vote on the restructuring…

April 16, 2024

United States
Is Rising Student Debt Harming the U.S. Economy?

Higher education provides students many socioeconomic benefits and increases the global competitiveness of the United States, but mounting student loan debt has sparked a debate over federal lending …

Protestors hold "cancel student debt" signs outside the U.S. Supreme Court.

June 14, 2024

Election 2024
Election 2024: Will Washington Address Its Debt and Deficit Problem?

Each Friday, I look at what the presidential contenders are saying about foreign policy. This Week: The United States may come to rue its failure to get its fiscal house in order. 

The National Debt Clock

November 1, 2023

Economics
The State of Sovereign Debt Restructuring After the Meetings in Marrakech

Some fundamental problems with the IMF’s Common Framework for debt restructuring have become apparent. Not the least, debt restructuring shouldn't just be an issue for low-income countries.

The State of Sovereign Debt Restructuring After the Meetings in Marrakech

December 4, 2023

Budget, Debt, and Deficits
The U.S. National Debt Dilemma

With the U.S. national debt already exceeding $16 trillion, President Trump’s tax reform and budget deals with Congress have added to the country’s deficits. CFR explores the origins of the national debt, the risks it presents, and the outlook for change.

An exterior view of the U.S. Treasury building from below

June 23, 2023

China
Sovereign Funds

The first in-depth account of the sudden growth of China’s sovereign wealth funds and their transformative impact on global markets, domestic and multinational businesses, and international politics.