Developing countries face massive infrastructure needs, but public spending on infrastructure is inadequate, and public investment has been declining in recent years. Rising debt levels and tightening fiscal and monetary conditions are putting further pressure on the funds available for...

Die Rolle des Internationalen Währungsfonds (IWF) in der internationalen Finanzarchitektur ist seit seiner Gründung umstritten. Im Zuge der asiatischen Wirtschafts- und Finanzkrise in der zweiten Hälfte der 1990er Jahre erreichte die Auseinandersetzung eine neue Dimension. Globale...

This Live Wire-based on Off the Books: Understanding and Mitigating the Fiscal Risks of Infrastructure (2023)-presents a systematic assessment of the magnitude and prevalence of fiscal risks from power investments and their root causes across a range of low- and middle-income countries. Drawing...