News and views from the Blavatnik School of Government community 
The coronavirus pandemic has disrupted many aspects of our lives and has affected hundreds of economies around the world. The Bank of England announced last week that the UK will probably be hit by one of the worst recessions in the last 300 years (with the crisis wiping out 14 […]
Amid all of its other troubles, Ukraine cannot pay its creditors. The country needs more money, serious reform, and a rescheduling of its debt. Yet even the best efforts by the International Monetary Fund, the United States, and the European Union to achieve this will be hobbled by investment agreements that they themselves have pressed on Ukraine and many other emerging economies. Indeed, Ukraine could be left facing a string of complex and costly legal cases.