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Blog Post
January 19, 2021
Last week DFC announced that it signed a framework agreement with the government of Ecuador to refinance up to $3.5 billion of the country’s external debt to China. In exchange, according to reporting by the Financial Times, the Ecuadorian government will commit to exclude Chinese companies from its...
Blog Post
May 11, 2020
In late April, CGD’s senior fellow Liliana Rojas-Suarez and distinguished non-resident fellow Mauricio Cárdenas participated in an event organized by Columbia University to discuss the economic prospects in Latin America. They were joined by the director of sovereign ratings at Fitch, Richard Franci...
Blog Post
March 15, 2019
President Trump’s FY2020 budget request landed with a thud on Capitol Hill Monday. Once again, the administration is proposing deep cuts to the international affairs budget and, once again, members of Congress on both sides of the aisle have pledged to reject the proposed reductions in US developmen...
Blog Post
June 14, 2017
The controversy surrounding the recent purchase of Venezuelan government bonds by Goldman Sachs is a great reminder of the role that “preemptive contract sanctions” could play in the struggle against odious regimes like that of Nicolas Maduro. In 2010, CGD released a worki...