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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
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...
Blog Post
June 22, 2016
“If we don’t take a risk, we won’t reap the rewards.” We heard this refrain from a USAID official working in El Salvador to advance USAID’s agenda to promote greater country ownership by cultivating public-private partnerships with local actors. Partnering dir...
Blog Post
April 18, 2016
I want to discuss country ownership in US development activities. Let’s take the case of El Salvador. As you may have heard, El Salvador has the highest homicide rate in the world right now. But what you may not know is that El Salvador is also home to the largest locally-led public-private pa...