Jules Devie

Emerging Markets / Sovereign Finance. Finance for Development Lab

[Jules Devie @DevieJules]

@em_credit_fund How is this possible ? Low liquidity ?

[Jules Devie @DevieJules]

@lugaricano Maybe because inequalities and cut-throat competition among a few hundreds of (relatively extremely well off) footballers does not affect them while free market policies very much concerns them directly?

[Jules Devie @DevieJules]

@PierreValentin Reverse Causality ?

[Adam Tooze @adam_tooze]

Frontier markets are facing nasty rates, but not due to wider spreads. More featured on today's Chartbook Top Links in the comment below.

[Brad Setser @Brad_Setser]

Nice piece, congrats to the authors

Amazing that for so long the puzzle in the academic economic literature was why to sovereigns pay ... when in reality most countries go to absurd lengths to avoid (or often just postpone) needed restructurings

[Jules Devie @DevieJules]

Why poor countries won’t restructure ?

As a devoted reader of the Financial Times, and FT Alphaville in particular, it is an honor to publish, together with my co-authors @mkessler_DC @StephenPaduano, our attempt to answer this question in its pages.
https://t.co/pHx5laLOZD

[𝙐𝙜𝙤 𝙋𝙖𝙣𝙞𝙯𝙯𝙖 @upanizza]

1/ Great @FT @FTAlphaville piece by Stephen Paduano, Martin Kessler, and Jules Devie @FinDevLab. It reminded me of an episode from exactly 20 years ago. @RobinWigg @AGelpern @LaynaMosley

[Martin Kessler @mkessler_DC]

This week was the annuel Paris Forum, and this year was special because it celebrated the 70 years anniversary of the Paris Club 🎂🎂🎂. In a piece at @FTAlphaville, @StephenPaduano , Jules Devie and I (a @FinDevLab team) ask an old question: why don't countries restructure?

[Jose Enrique Arrioja @ArriojaJoseE]

Bolivia’s Reform Agenda Is Moving, but Slowly

Five months after declaring an "economic, financial, energy, and social emergency” in December, Bolivia's President Rodrigo Paz has yet to deliver on its reform agenda.

The administration pledged a three-part stabilization strategy: fiscal consolidation, exchange-rate flexibility, and a new growth agenda.

Analysts Stephen Paduano, Jules Devie and Jean Courtial argue in an essay for Americas Quarterly that to date, only partial progress has been made—and not nearly at the pace required. Fiscal adjustment has been limited, the exchange rate remains rigid, and the future of Bolivia’s growth remains elusive.

Join the regional dialogue at @AmerQuarterly.

@StephenPaduano, @DevieJules , @courtial_jean ,

https://t.co/PxzlHwho9L