international analysis and commentary

Managing debt in the developing world

Paolo Guerrieri
The impact of Covid-19 and then the war in Ukraine have dealt grievous blows to developing countries, especially to the poorest and most vulnerable ones. Events have conspired to rapidly increase the burden of their level of debt. The rise…

The great American malaise

Valentina Pasquali
Imagine a country that sits on the world’s fourth-largest territory, safely tucked away from the threat of invasion, and endowed with abundant natural resources, a somewhat predictable climate, and a comfortably spread-out population of…

The Red Sea as a core business for the EU

Sven Biscop
The EU is preparing to launch a maritime operation to protect commercial shipping in the Red Sea from attacks by the Houthis from Yemen. A welcome and necessary decision; and none too late, two months after the attacks started. What once…