Initiative for Policy Dialogue

Economists Martín Guzmán and Joseph Stiglitz explain how state-level changes can assist the 3.3 billion people living in countries that spend more on debt service than health care.

Explore Further >> about How New York Can Help End the Global Debt Crisis

Investor–state dispute settlements don’t just mean growing debt burdens for countries: they are also a barrier to action on the climate crisis

Explore Further >> about Allowing foreign firms to sue governments for lost profits is legal terrorism – it must end

Announcing the Commission of Experts Today, February 21, the Pontifical Academy of Social Sciences (PASS) and Columbia University’s Initiative for Policy Dialogue (IPD) are announcing the establishment of a Commission of Experts that will convene<a class="moretag" href="https://ipdcolumbia.org/"> Read more…</a>

Explore Further >> about Jubilee Commission on Addressing the Debt and Development Crises in Countries from the South

New York State law has enormous implications for sovereign debt sustainability and debt crises resolutions, a central problem today in countries across the Southern Hemisphere. Because a large share of the international financial sector is based in New York, about 50 percent of global sovereign bonds are issued under New York State law.

Explore Further >> about New Report: How New York State Lawmakers Can Help Address Debt Crises in the Global South

---

Nobel laureate Joseph Stiglitz joins Dean Emeritus Glenn Hubbard for a compelling discussion on economic policy, inequality, and the future of global markets.

Explore Further >> about Bizcast: Professor Joseph Stiglitz and The Road to Freedom

---

This Friday October 11, 2024, the International Monetary Fund (IMF) is expected to announce reforms to its policy on charges and especially surcharges, which levies extra fees on countries whose debts have surpassed certain size and time thresholds. We the undersigned urge the IMF to meaningfully reform its policies, especially on surcharges.

Explore Further >> about Open Letter to the International Monetary Fund Board of Directors on the Need for Significant Reform of the Rate of Charge and Surcharge Policies