The government of Egypt recently stated that external financial assistance is necessary in the present economic situation and has expressed a strong preference for receiving it in part via debt relief. Williamson and Khan explore whether there is a case for debt relief and if so what form this...

Periodic heightened political tensions between India and Pakistan have derailed attempts to improve economic ties and trade relations between the two countries. India-Pakistan trade is unnaturally small, currently about $2 billion per year. Pakistan accounts for less than 1 percent of India's...

As oil prices began to rise in 2009 from a low point of about $40 a barrel in January to around $70 a barrel in July, a question is whether the world is in for another oil price spike in the near term similar to that witnessed in early 2008. World oil prices skyrocketed from about $90 a barrel...