Martin Guzman

Oct 4, 2024 | dhakacourier.com.bd | C.P. Chandrasekhar |Martin Guzman |Jayati Ghosh |Charles Abugre

Sri Lanka’s new president, Anura Kumara Dissanayake, must reject his predecessor’s recent debt-restructuring deal with bondholders. That agreement would inflict unnecessary pain on Sri Lanka’s population and set a dangerous precedent, undermining other developing economies’ ability to restructure their foreign debts.

Oct 2, 2024 | theasset.com | C.P. Chandrasekhar |Martin Guzman |Jayati Ghosh |Charles Abugre

Ranil Wickremesinghe, Sri Lanka’s president, recently lost his re-election bid after voters overwhelmingly rejected the debt restructuring deals he negotiated with the International Monetary Fund (IMF) and other creditors. Instead, Sri Lankans elected Anura Kumara Dissanayake, leader of the left-wing National People’s Power (NPP) alliance and a vocal critic of IMF-imposed austerity measures, who has vowed to renegotiate the country’s agreement with the fund.

Jun 6, 2024 | nber.org | Martin Guzman |Joseph Stiglitz

The authors would like to acknowledge the very thoughtful and constructive comments from David Vines, Simon Cowan, Giovanni Dosi, participants of seminars of the Oxford Review of Economic Policy, the University of Sao Paulo (Brazil), and The Foundations of Complex Evolving Economies Conference at Sant’ Anna School of Advanced Studies (Pisa, Italy), the excellent editorial work of Meaghan Winter, and the financial support of the Sloan and Hewlett Foundations.