
Project

Theme: Fiscal space
This paper analyses the risks facing resource-dependent countries. These include: (i) economic mismanagement (the ‘resource curse’); (ii) political mismanagement; (iii) environmental damage (climate change and the destruction of natural capital). It...
The recently concluded COP27 in Sharm el-Sheikh had one important outcome for developing countries: the announcement of a loss and damage fund. This...
Africa’s rising public debt continues to attract increased attention regionally and internationally. The narrative about Africa seems to have...
A total of 3.3 billion people live in countries that spend more on interest payments than on either education or health.UNCTAD, A World of DebtIntroduction Following a decade of rapid debt accumulation, exacerbated by the COVID-19 pandemic, public...