David Mihalyi
@davidmihalyi.bsky.social
Debt, natural resources, macro, development, open data. Senior Economist @ WorldBank & PhD candidate @ Kiel. Views my own.
Reposted by David Mihalyi
🌍 Today at #DebtCon8 we’re launching the African Debt Database (ADD). The 1st instrument-level dataset covering both domestic and external sovereign debt across the African continent.
With @markya.bsky.social @davidmihalyi.bsky.social Niccolò Rescia, Christoph Trebesch, and Ka Lok Wong.
With @markya.bsky.social @davidmihalyi.bsky.social Niccolò Rescia, Christoph Trebesch, and Ka Lok Wong.
October 13, 2025 at 2:09 PM
🌍 Today at #DebtCon8 we’re launching the African Debt Database (ADD). The 1st instrument-level dataset covering both domestic and external sovereign debt across the African continent.
With @markya.bsky.social @davidmihalyi.bsky.social Niccolò Rescia, Christoph Trebesch, and Ka Lok Wong.
With @markya.bsky.social @davidmihalyi.bsky.social Niccolò Rescia, Christoph Trebesch, and Ka Lok Wong.
Reposted by David Mihalyi
DebtNerds drinks at the very cool Ground Control in Paris with @agelpern.bsky.social @davidmihalyi.bsky.social @mkessler.bsky.social @theomaret.bsky.social @diegorivetti.bsky.social
June 27, 2025 at 8:33 AM
DebtNerds drinks at the very cool Ground Control in Paris with @agelpern.bsky.social @davidmihalyi.bsky.social @mkessler.bsky.social @theomaret.bsky.social @diegorivetti.bsky.social
Reposted by David Mihalyi
World Bank report "Radical Debt Transparency" (reposting today since link changed overnight), led by Diego Rivetti,
& @davidmihalyi.bsky.social with contributions from Anirudh Bharadwaj, Roberto Lobarinhas, and Rowan David Rockafellow.
www.worldbank.org/en/publicati...
& @davidmihalyi.bsky.social with contributions from Anirudh Bharadwaj, Roberto Lobarinhas, and Rowan David Rockafellow.
www.worldbank.org/en/publicati...
Radical Debt Transparency Report
This report calls for a radical shift toward debt transparency as critical to debt sustainability, urging legislative reforms, stronger oversight of unconventional debt, broader loan-level reporting, ...
www.worldbank.org
June 20, 2025 at 1:05 PM
World Bank report "Radical Debt Transparency" (reposting today since link changed overnight), led by Diego Rivetti,
& @davidmihalyi.bsky.social with contributions from Anirudh Bharadwaj, Roberto Lobarinhas, and Rowan David Rockafellow.
www.worldbank.org/en/publicati...
& @davidmihalyi.bsky.social with contributions from Anirudh Bharadwaj, Roberto Lobarinhas, and Rowan David Rockafellow.
www.worldbank.org/en/publicati...
Reposted by David Mihalyi
Sovereign debt data is improving, but the devil is in the details.
In a new WB report, @diegorivetti.bsky.social , @davidmihalyi.bsky.social, Ainrudh Bharadwaj, Roberto Lobarinhas, and I look at how debt transparency has evolved since COVID.
Lots of interesting tidbits. A few of my thoughts:
In a new WB report, @diegorivetti.bsky.social , @davidmihalyi.bsky.social, Ainrudh Bharadwaj, Roberto Lobarinhas, and I look at how debt transparency has evolved since COVID.
Lots of interesting tidbits. A few of my thoughts:
Radical Debt Transparency Report
This report calls for a radical shift toward debt transparency as critical to debt sustainability, urging legislative reforms, stronger oversight of unconventional debt, broader loan-level reporting, ...
www.worldbank.org
June 20, 2025 at 4:55 PM
Sovereign debt data is improving, but the devil is in the details.
In a new WB report, @diegorivetti.bsky.social , @davidmihalyi.bsky.social, Ainrudh Bharadwaj, Roberto Lobarinhas, and I look at how debt transparency has evolved since COVID.
Lots of interesting tidbits. A few of my thoughts:
In a new WB report, @diegorivetti.bsky.social , @davidmihalyi.bsky.social, Ainrudh Bharadwaj, Roberto Lobarinhas, and I look at how debt transparency has evolved since COVID.
Lots of interesting tidbits. A few of my thoughts:
Reposted by David Mihalyi
Interested in sovereign debt transparency? The Sovereign Debt Forum is running this event on May 14, in conjunction with the IMF Legal Department. Details on registration for the virtual event are here:
@princetonsovfinlab.bsky.social
@princetonsovfinlab.bsky.social
May 4, 2025 at 6:15 PM
Interested in sovereign debt transparency? The Sovereign Debt Forum is running this event on May 14, in conjunction with the IMF Legal Department. Details on registration for the virtual event are here:
@princetonsovfinlab.bsky.social
@princetonsovfinlab.bsky.social
Reposted by David Mihalyi
Out with the calculator, in with the policy paper? Not so fast… odi.org/en/insights/...
Out with the calculator, in with the policy paper? Not so fast…
As governments face urgent and complex challenges—from climate crises to shifting global trade, defence spending, and generational demands—finance ministries are at the centre of it all. But are they ...
odi.org
April 24, 2025 at 10:33 AM
Out with the calculator, in with the policy paper? Not so fast… odi.org/en/insights/...
Reposted by David Mihalyi
This is great news. Congratulations to Laura Ilan and the IDB
February 19, 2025 at 7:08 AM
This is great news. Congratulations to Laura Ilan and the IDB
The Senegal 'hidden debt' audit report is out: "La Cour constate"... "un montant de 155 milliards de F CFA sans couverture budgétaire." "Le Ministère des Finances et du Budget précise que le montant"..."est imputé par erreur" www.aisccuf.org/actualites/s...
February 18, 2025 at 2:57 AM
The Senegal 'hidden debt' audit report is out: "La Cour constate"... "un montant de 155 milliards de F CFA sans couverture budgétaire." "Le Ministère des Finances et du Budget précise que le montant"..."est imputé par erreur" www.aisccuf.org/actualites/s...
Reposted by David Mihalyi
Why do China's sovereign debt restructurings take so long and deliver such weak relief?
A dream team of experts connects the dots between domestic political economy constraints & international outcomes.
www.hks.harvard.edu/sites/defaul...
#EconSky #FinSky #China
A dream team of experts connects the dots between domestic political economy constraints & international outcomes.
www.hks.harvard.edu/sites/defaul...
#EconSky #FinSky #China
January 28, 2025 at 2:37 AM
Why do China's sovereign debt restructurings take so long and deliver such weak relief?
A dream team of experts connects the dots between domestic political economy constraints & international outcomes.
www.hks.harvard.edu/sites/defaul...
#EconSky #FinSky #China
A dream team of experts connects the dots between domestic political economy constraints & international outcomes.
www.hks.harvard.edu/sites/defaul...
#EconSky #FinSky #China
Reposted by David Mihalyi
Our sovereign debt transparency moonshot! Keeping the faith. #publicdebtispublic
@upanizza.bsky.social @theomaret.bsky.social @laynamosley.bsky.social
www.law.georgetown.edu/iiel/initiat...
@upanizza.bsky.social @theomaret.bsky.social @laynamosley.bsky.social
www.law.georgetown.edu/iiel/initiat...
Sovereign Debt Forum and Massive Data Institute announces the launch of #PublicDebtIsPublic
www.law.georgetown.edu
January 28, 2025 at 9:24 PM
Our sovereign debt transparency moonshot! Keeping the faith. #publicdebtispublic
@upanizza.bsky.social @theomaret.bsky.social @laynamosley.bsky.social
www.law.georgetown.edu/iiel/initiat...
@upanizza.bsky.social @theomaret.bsky.social @laynamosley.bsky.social
www.law.georgetown.edu/iiel/initiat...
Reposted by David Mihalyi
📣 📚 New Release! We just published a Working Paper along with a comprehensive database that spans 1️⃣1️⃣ years and includes 6️⃣0️⃣5️⃣ Debt Sustainability Analyses for Low-Income Countries. Our goal is to allow researchers to dig into how debt projections are made and their impact.
January 13, 2025 at 2:06 PM
📣 📚 New Release! We just published a Working Paper along with a comprehensive database that spans 1️⃣1️⃣ years and includes 6️⃣0️⃣5️⃣ Debt Sustainability Analyses for Low-Income Countries. Our goal is to allow researchers to dig into how debt projections are made and their impact.
Reposted by David Mihalyi
At @goodauth.bsky.social, @laynamosley.bsky.social and @peterrosendorff.bsky.social's new Good to Know post gives some nuts and bolts of sovereign debt. A useful resource for teaching (and for convincing others that the politics of debt are important!)
goodauthority.org/news/good-to...
goodauthority.org/news/good-to...
What is sovereign debt, and why does it matter?
Sovereign debt crises have become more complicated, as countries tapped into new borrowing options in recent years.
goodauthority.org
January 10, 2025 at 6:45 PM
At @goodauth.bsky.social, @laynamosley.bsky.social and @peterrosendorff.bsky.social's new Good to Know post gives some nuts and bolts of sovereign debt. A useful resource for teaching (and for convincing others that the politics of debt are important!)
goodauthority.org/news/good-to...
goodauthority.org/news/good-to...
Reposted by David Mihalyi
📣 📊 The latest World Bank International Debt Statistics 2024 reveal a worsening crisis for developing countries. With rising global interest rates & capital outflows, financial fragility is at an all-time high. Read our Short Note👇. #DebtCrisis #GlobalEconomy
January 8, 2025 at 1:51 PM
📣 📊 The latest World Bank International Debt Statistics 2024 reveal a worsening crisis for developing countries. With rising global interest rates & capital outflows, financial fragility is at an all-time high. Read our Short Note👇. #DebtCrisis #GlobalEconomy
Best purchase in 2024? This little gadget ('Brick') that blocks all distractions on my phone regularly to get quality time & focus, including offline Saturdays. getbrick.app
Brick - Do More of What Matters
Brick LLC
getbrick.app
January 9, 2025 at 3:24 PM
Best purchase in 2024? This little gadget ('Brick') that blocks all distractions on my phone regularly to get quality time & focus, including offline Saturdays. getbrick.app
My 2024 in book reviews. Less books & more negative than earlier years but hopeful for a lot better in 2025. www.goodreads.com/review/list/...
January 1, 2025 at 6:53 PM
My 2024 in book reviews. Less books & more negative than earlier years but hopeful for a lot better in 2025. www.goodreads.com/review/list/...
Reposted by David Mihalyi
A new episode of @planetmoney.bsky.social Indicator features Sebastian Horn discussing his work on hidden sovereign debt. Definitely worth a listen!
www.npr.org › 2024/12/10 › mozambique-tuna-...
One finding is that bilateral official debt is most likely to be underreported. [1/2]
www.npr.org › 2024/12/10 › mozambique-tuna-...
One finding is that bilateral official debt is most likely to be underreported. [1/2]
NPR - Breaking News, Analysis, Music, Arts & Podcasts
Top stories in the U.S. and world news, politics, health, science, business, music, arts and culture. Nonprofit journalism with a mission. This is NPR.
www.npr.org
December 10, 2024 at 1:18 PM
A new episode of @planetmoney.bsky.social Indicator features Sebastian Horn discussing his work on hidden sovereign debt. Definitely worth a listen!
www.npr.org › 2024/12/10 › mozambique-tuna-...
One finding is that bilateral official debt is most likely to be underreported. [1/2]
www.npr.org › 2024/12/10 › mozambique-tuna-...
One finding is that bilateral official debt is most likely to be underreported. [1/2]
Nobody does better at explaining my wonky interests to my non-economist friends than @planetmoney.bsky.social. So thrilled they covered our research on Hidden Debt in their latest episode of the Indicator Podcast: podcasts.apple.com/us/podcast/t...
The Tuna Bonds Scandal and the fishy business of hidden debt
Podcast Episode · The Indicator from Planet Money · 12/10/2024 · 9m
podcasts.apple.com
December 10, 2024 at 5:15 PM
Nobody does better at explaining my wonky interests to my non-economist friends than @planetmoney.bsky.social. So thrilled they covered our research on Hidden Debt in their latest episode of the Indicator Podcast: podcasts.apple.com/us/podcast/t...
Reposted by David Mihalyi
Talking with the FT about the Ivory Coast / World Bank swap deal. Couple of good things on this one. Managed to drive down intermediation costs by side stepping SPV structure and allowed the country to allocate proceeds from transaction. on.ft.com/3BhkuzW
Ivory Coast turns to World Bank to replace costly debt
Swap deal to buy back bonds issued in January comes as African borrowers struggle under expensive debt burdens
on.ft.com
December 6, 2024 at 4:59 PM
Talking with the FT about the Ivory Coast / World Bank swap deal. Couple of good things on this one. Managed to drive down intermediation costs by side stepping SPV structure and allowed the country to allocate proceeds from transaction. on.ft.com/3BhkuzW
Reposted by David Mihalyi
World Bank / debt swaps: "But for true, lasting impact, debt for development swaps must focus on three key criteria: efficient use of resources to maximize impact, robust transparency and governance to ensure savings are properly managed, ..."
December 5, 2024 at 9:42 PM
World Bank / debt swaps: "But for true, lasting impact, debt for development swaps must focus on three key criteria: efficient use of resources to maximize impact, robust transparency and governance to ensure savings are properly managed, ..."
New IDS 2024 debt data is out in all its granularity. See changes in creditor composition in the debt stock of low and middle income countries. www.worldbank.org/en/programs/...
December 4, 2024 at 3:49 PM
New IDS 2024 debt data is out in all its granularity. See changes in creditor composition in the debt stock of low and middle income countries. www.worldbank.org/en/programs/...
Why start with US, when could alter energy pathways more radically elsewhere? See global estimates by @jzettelmeyer.bsky.social et al. greatcarbonarbitrage.com
December 1, 2024 at 2:40 PM
Why start with US, when could alter energy pathways more radically elsewhere? See global estimates by @jzettelmeyer.bsky.social et al. greatcarbonarbitrage.com
Reposted by David Mihalyi
Something beyond the scope of the paper but still important is that the tools for getting critical IMF financial data haven't been updated since the Netscape era.
The data is de jure public but mostly unusable for systematic analysis.
The data is de jure public but mostly unusable for systematic analysis.
November 27, 2024 at 11:06 PM
Something beyond the scope of the paper but still important is that the tools for getting critical IMF financial data haven't been updated since the Netscape era.
The data is de jure public but mostly unusable for systematic analysis.
The data is de jure public but mostly unusable for systematic analysis.
Reposted by David Mihalyi
Why is Brad Setser not here and what can we do about it
November 28, 2024 at 1:45 AM
Why is Brad Setser not here and what can we do about it
Some promising improvements, but then also "Continue the MAC SRDSF’s special deletions, on a temporary basis, pending further experience with the application of the SRDSF framework."
My first post is on a seemingly dull and procedural but practically highly important IMF policy that I worked on for the last year: the "Transparency Policy" (TP), which was reformed for the first time in more than a decade. A very brief overview.
www.imf.org/en/Publicati...
www.imf.org/en/Publicati...
https://www.imf.org/en/Publications/Policy-Papers/Issues/2024/11/25/2024-Review-Of-The-Funds-Transparency-Policy-And-Open-Archives-Policy-558810
t.co
November 27, 2024 at 8:32 PM
Some promising improvements, but then also "Continue the MAC SRDSF’s special deletions, on a temporary basis, pending further experience with the application of the SRDSF framework."
Reposted by David Mihalyi
A (very) short paper on (I think) something important. When I have 5 minutes I will do a thread about it. @clemensgvl.bsky.social @diegorivetti.bsky.social @davidmihalyi.bsky.social @theomaret.bsky.social @kpatricio.bsky.social
November 27, 2024 at 7:46 AM
A (very) short paper on (I think) something important. When I have 5 minutes I will do a thread about it. @clemensgvl.bsky.social @diegorivetti.bsky.social @davidmihalyi.bsky.social @theomaret.bsky.social @kpatricio.bsky.social