Martin Kessler
@mkessler.bsky.social
Executive Director of the Finance for Development Lab; development finance geek;
Senegal debt. Options paper by Abdoulaye Ndiaye (NYU) & Martin Kessler (FinDevLab Paris). "There may be some doubts about the future level of the interest bill, which appears low relative to what we know about the stock." Read the whole thing. findevlab.org/debt-crisis-...
Debt Crisis in Senegal: A Strategic Compass
By Abdoulaye Ndiaye (NYU Stern School of Business) & Martin Kessler (FDL) A Strategic Compass for Navigating Senegal's Debt Crisis Download Policy
findevlab.org
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
As the launch wraps up, check out coverage we’ve gotten from around the world. www.theguardian.com/world/2025/j... www.reuters.com/world/vatica... www.jeuneafrique.com/1698843/econ... www.catholicregister.org/item/2403-fi... oglobo.globo.com/blogs/miriam... www.infobae.com/economia/202...
Developing countries ‘need more debt relief’ to fund education and health
Research warns poorer governments prioritising debt payments over essential development spending
theguardian.com
Cardinal Turkson reads statement from Cardinal Parolin, Secretary of State, at Jubilee Report Launch.
The Vatican-backed Jubilee Report in now live! Join us for the Virtual Launch today, June 20, 9am to 5pm Rome: gsb-columbia-edu.zoom.us/j/92116812349 Read report: bit.ly/4kNj3e8 #JubileeReport @josephestiglitz.bsky.social @martinguzman.bsky.social
The Vatican-backed Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy launches today! #JubileeReport, #Jubilee2025, #TurnDebtIntoHope
📢 Read Martin Kessler's new piece: "The Age of Opportunistic Fragmentation: Rethinking #DevelopmentFinance in Trump II Era". It's time to reflect before #FfD4 in Sevilla. @mkessler.bsky.social @grandcontinent.bsky.social 🔗 Read here (in French) 👇 legrandcontinent.eu/fr/2025/05/2...
L'ère de la fragmentation opportuniste : penser la finance du développement après Trump | Le Grand Continent
« America First is not America alone ». Sur le multilatéralisme et les institutions de Bretton Woods, Washington tente par tous les moyens de tordre à son avantage le système — sans en sortir complèt...
legrandcontinent.eu
🤔 Oportuno artículo de Martin Kessler @mkessler.bsky.social sobre Trump 2.0 y el escenario global de la financiación para el desarrollo, a discutir en el marco de 🇺🇳 en Sevilla: multilateralismo debilitado, multipolaridad regionalizada, bilateralismo oportunista👇 legrandcontinent.eu/es/2025/05/2...
La era de la fragmentación oportunista: pensar las finanzas del desarrollo tras Trump - El Grand Continent
«America First is not America alone». Sobre el multilateralismo y las instituciones de Bretton Woods: Washington intenta por todos los medios torcer el sistema a su favor —sin salir completamente de ...
legrandcontinent.eu
Countdown to #DebtCon8 paper deadline! March 31 is it. Six. Days. Don’t sleep on it y’all. #debtcon #sovereigndebt #PublicDebtIsPublic @upanizza.bsky.social @laynamosley.bsky.social @mkessler.bsky.social @georgetownlaw.bsky.social www.law.georgetown.edu/iiel/initiat...
DebtCon
law.georgetown.edu
Anna Gelpern@agelpern.bsky.social · 2y agoCountdown to #DebtCon8 paper deadline! March 31 is it. Six. Days. Don’t sleep on it y’all. #debtcon #sovereigndebt #PublicDebtIsPublic @upanizza.bsky.social @laynamosley.bsky.social @mkessler.bsky.social @georgetownlaw.bsky.social www.law.georgetown.edu/iiel/initiat...
A reminder that the call for papers deadline for the 2025 DebtCon8 meeting, October 13-15 at Georgetown Law School, is March 31. More information here: www.law.georgetown.edu/iiel/initiat... (Policy panel proposals accepted through April 30) @laynamosley.bsky.social
DebtCon
law.georgetown.edu
🌍💰 New Paper by Adil Ababou of @gatesfoundation.bsky.social : “Debt for what swaps?" setting out 3 guiding principles to ensure the potential of swap resources is optimized: 1️⃣ Define LT vision 2️⃣ Target expenditures for LT financing 3️⃣ Ensure additionality with government spending.
🌍💡 New Policy Note just released! “Planning and Implementing the Climate and Development Transformation: Country Platforms as Enablers”. Drafted in partnership with #C3A. #ClimateAction #SustainableDevelopment #FinanceForDevelopment #CountryPlatforms
🌍🤝 Opening of the 2025 Amplifying African Voices dialogue series w/ Prof Tang Xiaoyang (Tsinghua Univ) & Hannah Ryder (Dev Reimagined). Dive into the evolution of #ChinaAfrica relations: new models for engagement?#Africa #Investment #DebtRestructuring #AAV
🚨 New Policy Paper Alert! 📄 📢 "HOW THE UK CAN PLUG THE ODA HOLE?" ➡️ On February 28, 2025, PM Keir Starmer announced a significant ODA reduction from 0.5% to 0.3% of GNI, translating to a projected £6.2 billion cut to the UK's aid budget!
📈 Focusing on the 2019 debt situation, Marin Ferry and Ishac Diwan uncovered significant differences in how countries managed their borrowing after the 2000s debt reduction schemes. 💡 Not all nations that borrowed extensively fell into crisis.
🌍 Why are developing countries heavily indebted, again? 🤔 Our latest analysis by Marin Ferry and Ishac Diwan reveals that the debt crises affecting poorer nations are not as inevitable as they seem.
🚨for development nerds: the new draft of the #FfD4 outcome doc is OUT! At 1st glance, it seems quite similar w/ a few welcome steps up in ambition, including a new target to 3x MDB lending in next 10 yrs + a call for debt relief to favor concessional creditors financing.desa.un.org/sites/defaul...
financing.desa.un.org
Eurobond prospectuses referencing the USAID disruptions: "Kenya, a major beneficiary of USAID, has been significantly impacted, with thousands of health workers facing retrenchment. The temporary 90-day waiver permits some continued aid, but long-term stability remains uncertain. The Kenyan ..."
The African Financing Stability Mechanism (AFSM) technical and operational report is finally out! Africa is the only continent without a Regional Financing Arrangement, making this initiative a game changer to address African financial vulnerabilities. www.afdb.org/en/documents...
African Financing Stability Mechanism (AFSM) Technical and Operational Report
afdb.org
Can smarter people explain to me why Egypt is 21% richer than South Africa ($18.5k in GDP per capita PPP vs. $15.2) but is a lower middle-income country while South Africa is UMIC? Is it about GNI/GDP or Atlas method? Anyway - it's weird!
1/ 📢New paper alert: "The International Financial Architecture and Sovereign Debt Crisis Resolution" by @clemensgvl.bsky.social, Juan Farah Yacoub and myself: papers.ssrn.com/sol3/papers..... Short 🧵👇
Page Cannot be Found
papers.ssrn.com
🔥 CALL TO ARMS, DEBTNERDS! 🔥 DebtCon is BACK where it all began. Don't miss the 10-year anniversary conference. 📅 Mark your calendars, sharpen your pencils, and send in those papers. @agelpern.bsky.social @laynamosley.bsky.social @mkessler.bsky.social
📣 📚 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.
Authors: @mkessler.bsky.social @brendanhv.bsky.social and Antoine Gaudin Let us know what you think!
📣 📊 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
Our first bluesky substantive post ! How do we get viral here ?
Finance for Development Lab@findevlab.bsky.social · 2y ago📣 📊 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
Die Hard is about a (prospective) bondholder claiming coupon and principal payments on (now obsolete) debt securities. Die Hard is a sovereign finance movie.
Mark Copelovitch@mcopelov.bsky.social · 2y agoDie Hard is about the airing of grievances & impossible feats of strength by an otherwise ordinary guy. Die Hard is a Festivus movie.
