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Blog Post
June 30, 2021
A new allocation of Special Drawing Rights (SDRs) amounting to some $650 billion is now expected the end of August. This allocation of an IMF reserve asset, intended to help countries weather the economic crisis created by COVID-19, will be more than 2½ times the size of the last allocation and subs...
Blog Post
June 25, 2021
One of the best things I read all week was Justin Sandefur laying the absolute smack down on the World Bank in Nature. I know what you’re thinking – he’s already killed the Doing Business survey, has he no mercy? But it’s for a good cause. He argues that the Bank’s failure t...
Blog Post
June 18, 2021
Some weeks, it’s a huge struggle to think of a good intro to the links. Other weeks, the sheer absurdity of the world around us gifts me more material than I can possibly use. I don’t watch football anymore, so I’m not referring to the Euros (I can’t even seem to work out what country they’re being ...
Blog Post
June 14, 2021
Many rich countries pre-ordered vast quantities of COVID-19 vaccines when they were still in development, enough to vaccinate their countries many times over. What is the right ‘price’ to pay for surplus vaccines, as opposed to those newly purchased? And how much of their value should be count...
Blog Post
June 11, 2021
Well, if England win this test, I will eat my hat. Day 2 and New Zealand are half-way to England’s first innings total for the loss of two wickets; of course, the last time I made such a proclamation, I was trying to digest felt and wool for days after Ben Stokes sold his soul to the devil for ...
Blog Post
June 04, 2021
How to make sense of a world in which LeBron’s team is eliminated from the playoffs in the first round and England are playing competently in the first test of an overseas series? It feel like all the certainties around which my life has been built are being undermined. LeBron didn’t just ...