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Thinking Outside the Toolbox

The United States can be a better partner to developing countries by using non-grant tools to help unlock private capital and build up financial sectors, putting nations on a path toward self-sufficiency and away from dependency on China.

Report by Daniel F. Runde, Rafael Romeu, and Austin Hardman — December 13, 2024

Reintroducing Concessional Loans into the Development Toolbox

China is exploiting nations by swapping debt for equity. Enabling a solution for the global debt crisis may require the United States to incorporate loans into its international development strategy.

Report by Daniel F. Runde, Rafael Romeu, and Austin Hardman — August 20, 2024

The Emerging Global Debt Crisis and the Role of International Aid

The world’s poorest countries are facing a growing debt crisis. The response from the U.S. government should be to develop strategies to provide immediate relief and engage in long-term efforts to address systemic debt vulnerabilities and debt workouts.

Commentary by Rafael Romeu — April 18, 2024