Karina Patrício
@kpatricio.bsky.social
Assistant Professor @lawatleeds.bsky.social • JIEL Editorial Board member • SIEL-Hart and John Jackson Prizes • LPE, global governance and the law of money, finance and sovereign debt
📍London/Yorkshire, UK
📍London/Yorkshire, UK
Pinned
Karina Patrício
@kpatricio.bsky.social
· Mar 31
1/ After 18 months of work—and with some delay in the public launch—we are pleased to share the Final Report of our project Enhancing MDBs’ Capacity through Local Currency Financing, supported by the MDB Challenge Fund. 🧵
Reposted by Karina Patrício
New Guest Comment by @kpatricio.bsky.social, Celine Tan and Stephen Connelly sets the record straight on new proposed UK legislation to provide debt relief to developing countries, calling the IMF recent analysis of the proposal “misplaced”
#BWObserver Winter25
🔗 tinyurl.com/DebtReliefUK
#BWObserver Winter25
🔗 tinyurl.com/DebtReliefUK
Legislative pathways to sovereign debt relief: What the IMF gets wrong – and how to fix it
New report from IMF on resolving debt restructuring linked to private creditors may lead to flawed analysis.
tinyurl.com
December 18, 2025 at 12:13 PM
New Guest Comment by @kpatricio.bsky.social, Celine Tan and Stephen Connelly sets the record straight on new proposed UK legislation to provide debt relief to developing countries, calling the IMF recent analysis of the proposal “misplaced”
#BWObserver Winter25
🔗 tinyurl.com/DebtReliefUK
#BWObserver Winter25
🔗 tinyurl.com/DebtReliefUK
Reposted by Karina Patrício
I am pleased to publish this new BWP Observer piece with Celine Tan and Stephen Connelly, engaging constructively with the IMF’s 2025 stocktake on sovereign debt. We argue that different legislative approaches cannot be treated as equivalent.
Read here: www.brettonwoodsproject.org/2025/12/legi...
Read here: www.brettonwoodsproject.org/2025/12/legi...
Legislative pathways to sovereign debt relief: What the IMF gets wrong – and how to fix it
New report from IMF on resolving debt restructuring linked to private creditors conflates fundamentally different legislative proposals, leading to flawed analysis.
www.brettonwoodsproject.org
December 11, 2025 at 2:40 PM
I am pleased to publish this new BWP Observer piece with Celine Tan and Stephen Connelly, engaging constructively with the IMF’s 2025 stocktake on sovereign debt. We argue that different legislative approaches cannot be treated as equivalent.
Read here: www.brettonwoodsproject.org/2025/12/legi...
Read here: www.brettonwoodsproject.org/2025/12/legi...
I am pleased to publish this new BWP Observer piece with Celine Tan and Stephen Connelly, engaging constructively with the IMF’s 2025 stocktake on sovereign debt. We argue that different legislative approaches cannot be treated as equivalent.
Read here: www.brettonwoodsproject.org/2025/12/legi...
Read here: www.brettonwoodsproject.org/2025/12/legi...
Legislative pathways to sovereign debt relief: What the IMF gets wrong – and how to fix it
New report from IMF on resolving debt restructuring linked to private creditors conflates fundamentally different legislative proposals, leading to flawed analysis.
www.brettonwoodsproject.org
December 11, 2025 at 2:40 PM
I am pleased to publish this new BWP Observer piece with Celine Tan and Stephen Connelly, engaging constructively with the IMF’s 2025 stocktake on sovereign debt. We argue that different legislative approaches cannot be treated as equivalent.
Read here: www.brettonwoodsproject.org/2025/12/legi...
Read here: www.brettonwoodsproject.org/2025/12/legi...
I am excited to join this panel hosted by Phenomenal World on Tuesday 2 December to discuss Argentina’s recurring debt traps, its relationship with the IMF and China, and the recent US intervention in support of the Milei government, among other matters.
Sign up here: bit.ly/argentina-imf
Sign up here: bit.ly/argentina-imf
November 27, 2025 at 1:47 PM
I am excited to join this panel hosted by Phenomenal World on Tuesday 2 December to discuss Argentina’s recurring debt traps, its relationship with the IMF and China, and the recent US intervention in support of the Milei government, among other matters.
Sign up here: bit.ly/argentina-imf
Sign up here: bit.ly/argentina-imf
Reposted by Karina Patrício
The recently announced US Treasury swap line to Argentina tells a larger story – one of structural external imbalance and the enduring geopolitics of the dollar system.
My commentary explores what this decision reveals and why transparency and accountability over its terms are urgently needed.
My commentary explores what this decision reveals and why transparency and accountability over its terms are urgently needed.
October 9, 2025 at 11:51 PM
The recently announced US Treasury swap line to Argentina tells a larger story – one of structural external imbalance and the enduring geopolitics of the dollar system.
My commentary explores what this decision reveals and why transparency and accountability over its terms are urgently needed.
My commentary explores what this decision reveals and why transparency and accountability over its terms are urgently needed.
Reposted by Karina Patrício
Insightful commentary on Argentina’s balance of payments and the geopolitics of liquidity, from our very own Dr @kpatricio.bsky.social @cblpleeds.bsky.social
Read more👇
Read more👇
The recently announced US Treasury swap line to Argentina tells a larger story – one of structural external imbalance and the enduring geopolitics of the dollar system.
My commentary explores what this decision reveals and why transparency and accountability over its terms are urgently needed.
My commentary explores what this decision reveals and why transparency and accountability over its terms are urgently needed.
October 10, 2025 at 1:52 PM
Insightful commentary on Argentina’s balance of payments and the geopolitics of liquidity, from our very own Dr @kpatricio.bsky.social @cblpleeds.bsky.social
Read more👇
Read more👇
Reposted by Karina Patrício
20 billion dollar US Treasury + Fed bailout for Argentina's Javier Milei. Cui Bono? "Funds at investment firms including BlackRock, Fidelity and Pimco are heavily invested in Argentina, as are investors such as Stanley Druckenmiller and Robert Citrone, both of whom worked with Mr. Bessent."
October 10, 2025 at 2:17 PM
20 billion dollar US Treasury + Fed bailout for Argentina's Javier Milei. Cui Bono? "Funds at investment firms including BlackRock, Fidelity and Pimco are heavily invested in Argentina, as are investors such as Stanley Druckenmiller and Robert Citrone, both of whom worked with Mr. Bessent."
The recently announced US Treasury swap line to Argentina tells a larger story – one of structural external imbalance and the enduring geopolitics of the dollar system.
My commentary explores what this decision reveals and why transparency and accountability over its terms are urgently needed.
My commentary explores what this decision reveals and why transparency and accountability over its terms are urgently needed.
October 9, 2025 at 11:51 PM
The recently announced US Treasury swap line to Argentina tells a larger story – one of structural external imbalance and the enduring geopolitics of the dollar system.
My commentary explores what this decision reveals and why transparency and accountability over its terms are urgently needed.
My commentary explores what this decision reveals and why transparency and accountability over its terms are urgently needed.
The current moment is quite telling. In the face of heightened uncertainty, investors are increasingly hedging their exposures to the dollar while continuing to hold US assets. If anything, hedging has become the business of the times.
on.ft.com/418VPYb
on.ft.com/418VPYb
It’s a run to hedge the dollar, not a run on the dollar
Hedge hogging
on.ft.com
August 19, 2025 at 4:43 PM
The current moment is quite telling. In the face of heightened uncertainty, investors are increasingly hedging their exposures to the dollar while continuing to hold US assets. If anything, hedging has become the business of the times.
on.ft.com/418VPYb
on.ft.com/418VPYb
🚨 Call for Papers: JIEL Junior Faculty Forum 2025 🚨
The Journal of International Economic Law has launched the call for this year’s edition of its Junior Faculty Forum.
This a great opportunity for junior scholars to present unpublished work, receive comments from leading experts, and...
The Journal of International Economic Law has launched the call for this year’s edition of its Junior Faculty Forum.
This a great opportunity for junior scholars to present unpublished work, receive comments from leading experts, and...
June 9, 2025 at 1:09 PM
🚨 Call for Papers: JIEL Junior Faculty Forum 2025 🚨
The Journal of International Economic Law has launched the call for this year’s edition of its Junior Faculty Forum.
This a great opportunity for junior scholars to present unpublished work, receive comments from leading experts, and...
The Journal of International Economic Law has launched the call for this year’s edition of its Junior Faculty Forum.
This a great opportunity for junior scholars to present unpublished work, receive comments from leading experts, and...
I am very pleased to host my dear former PhD supervisor @profjohnlinarelli.bsky.social for this upcoming @cblpleeds.bsky.social Guest Seminar at @lawatleeds.bsky.social on 21 May.
Please join us! The event is free and open to the public, and will take place in hybrid format.
Please join us! The event is free and open to the public, and will take place in hybrid format.
May 1, 2025 at 11:56 AM
I am very pleased to host my dear former PhD supervisor @profjohnlinarelli.bsky.social for this upcoming @cblpleeds.bsky.social Guest Seminar at @lawatleeds.bsky.social on 21 May.
Please join us! The event is free and open to the public, and will take place in hybrid format.
Please join us! The event is free and open to the public, and will take place in hybrid format.
Reposted by Karina Patrício
1/2: The launch event of the final report of our project ‘Enhancing MDB Capacity through Local Currency Financing’ is taking place this Monday, 28 April, 1-2pm. The report explores the potential for local currency financing by multilateral development banks. You can register here: 🔗 lnkd.in/dZ7gm7nf
LinkedIn
This link will take you to a page that’s not on LinkedIn
lnkd.in
April 25, 2025 at 12:38 PM
1/2: The launch event of the final report of our project ‘Enhancing MDB Capacity through Local Currency Financing’ is taking place this Monday, 28 April, 1-2pm. The report explores the potential for local currency financing by multilateral development banks. You can register here: 🔗 lnkd.in/dZ7gm7nf
It is with sadness that I learn about the passing of Pope Francis, in my view the most inspiring head of state in today’s world. I greatly admired his advocacy for peace, international law, social justice, and a fairer international financial architecture.
April 21, 2025 at 10:25 AM
It is with sadness that I learn about the passing of Pope Francis, in my view the most inspiring head of state in today’s world. I greatly admired his advocacy for peace, international law, social justice, and a fairer international financial architecture.
Reposted by Karina Patrício
Important new research on local currency financing from @anninak.bsky.social @bbonizzi.bsky.social @kpatricio.bsky.social @karstenkohler.bsky.social business.leeds.ac.uk/research-air...
Enhancing MDB Capacity through Local Currency Financing
business.leeds.ac.uk
April 2, 2025 at 7:00 PM
Important new research on local currency financing from @anninak.bsky.social @bbonizzi.bsky.social @kpatricio.bsky.social @karstenkohler.bsky.social business.leeds.ac.uk/research-air...
Reposted by Karina Patrício
Very pleased that the final version of our MDB Challenge Fund report is finally out! We spent a year investigating the barriers to scaling up local currency financing by Multilateral Development Banks. Please see Karina's post for a brief summary and relevant links. Feedback very welcome!
1/ After 18 months of work—and with some delay in the public launch—we are pleased to share the Final Report of our project Enhancing MDBs’ Capacity through Local Currency Financing, supported by the MDB Challenge Fund. 🧵
March 31, 2025 at 8:21 PM
Very pleased that the final version of our MDB Challenge Fund report is finally out! We spent a year investigating the barriers to scaling up local currency financing by Multilateral Development Banks. Please see Karina's post for a brief summary and relevant links. Feedback very welcome!
1/ After 18 months of work—and with some delay in the public launch—we are pleased to share the Final Report of our project Enhancing MDBs’ Capacity through Local Currency Financing, supported by the MDB Challenge Fund. 🧵
March 31, 2025 at 1:28 PM
1/ After 18 months of work—and with some delay in the public launch—we are pleased to share the Final Report of our project Enhancing MDBs’ Capacity through Local Currency Financing, supported by the MDB Challenge Fund. 🧵
Reposted by Karina Patrício
Dr @kpatricio.bsky.social spoke at a senior forum on sovereign debt. Read more below👇:
tinyurl.com/m65ffet2
Her co-authored Bill is scheduled for debate in the @houseofcommons.parliament.uk tomorrow!
#DebtRelief #FinancialLaw #GlobalEconomy #LawSky #AcademicSky
tinyurl.com/m65ffet2
Her co-authored Bill is scheduled for debate in the @houseofcommons.parliament.uk tomorrow!
#DebtRelief #FinancialLaw #GlobalEconomy #LawSky #AcademicSky
March 13, 2025 at 10:32 AM
Dr @kpatricio.bsky.social spoke at a senior forum on sovereign debt. Read more below👇:
tinyurl.com/m65ffet2
Her co-authored Bill is scheduled for debate in the @houseofcommons.parliament.uk tomorrow!
#DebtRelief #FinancialLaw #GlobalEconomy #LawSky #AcademicSky
tinyurl.com/m65ffet2
Her co-authored Bill is scheduled for debate in the @houseofcommons.parliament.uk tomorrow!
#DebtRelief #FinancialLaw #GlobalEconomy #LawSky #AcademicSky
Reposted by Karina Patrício
Only coalition that would be viable amongst young German voters would be based on Die Linke. We need to talk about R2G.
"Young 🇩🇪 voters are flocking to the far rig-"
🧐🤔
🧐🤔
February 23, 2025 at 7:12 PM
Only coalition that would be viable amongst young German voters would be based on Die Linke. We need to talk about R2G.
Reposted by Karina Patrício
"With the new US government aggressively attacking trade globalization, the next two years will be characterized by global financial turbulence, with its usual impacts on peripheral currencies."
NEW: @rugitsky.bsky.social on central banking in Brazil and capital controls for peripheral economies
NEW: @rugitsky.bsky.social on central banking in Brazil and capital controls for peripheral economies
Controlling Capital | Fernando Rugitsky
Brazilian economic policy must account for the determinative impact of the global financial cycle on inflation
www.phenomenalworld.org
February 23, 2025 at 2:29 PM
"With the new US government aggressively attacking trade globalization, the next two years will be characterized by global financial turbulence, with its usual impacts on peripheral currencies."
NEW: @rugitsky.bsky.social on central banking in Brazil and capital controls for peripheral economies
NEW: @rugitsky.bsky.social on central banking in Brazil and capital controls for peripheral economies
Reposted by Karina Patrício
The Guardian view on campus cuts: academics pay a high price for Westminster’s mistakes | Editorial
The Guardian view on campus cuts: academics pay a high price for Westminster’s mistakes | Editorial
The government should not stand aloof as a crisis unfolds in our universities. A new settlement is needed
In one of David Lodge’s famous campus novels, a young English literature lecturer pictures her university as “the ideal human community, where ……
www.theguardian.com
February 11, 2025 at 7:19 PM
The Guardian view on campus cuts: academics pay a high price for Westminster’s mistakes | Editorial
Reposted by Karina Patrício
“A debt crisis caused by global factors — a debt crisis that is leading to more poverty, more hunger and war.” Many thanks @jeevunsandher.bsky.social for a powerful speech in Thursday's debate in parliament on debt cancellation
We are so close to ending extreme poverty.
But we can't end poverty without solving the African debt crisis.
Using English law, we can help end the debt crisis without spending a penny.
But we can't end poverty without solving the African debt crisis.
Using English law, we can help end the debt crisis without spending a penny.
February 10, 2025 at 4:21 PM
“A debt crisis caused by global factors — a debt crisis that is leading to more poverty, more hunger and war.” Many thanks @jeevunsandher.bsky.social for a powerful speech in Thursday's debate in parliament on debt cancellation
Reposted by Karina Patrício
We are so close to ending extreme poverty.
But we can't end poverty without solving the African debt crisis.
Using English law, we can help end the debt crisis without spending a penny.
But we can't end poverty without solving the African debt crisis.
Using English law, we can help end the debt crisis without spending a penny.
February 10, 2025 at 8:00 AM
We are so close to ending extreme poverty.
But we can't end poverty without solving the African debt crisis.
Using English law, we can help end the debt crisis without spending a penny.
But we can't end poverty without solving the African debt crisis.
Using English law, we can help end the debt crisis without spending a penny.
Reposted by Karina Patrício
4/ The US will be a source of chaos and volatility. The first month of 2025 has set the scene. We analyse here the rapidly shifting international power relations as other countries start to organize "around and without" the US: China, South-South, EU-South...
www.phenomenalworld.org/analysis/pol...
www.phenomenalworld.org/analysis/pol...
February 6, 2025 at 3:42 PM
4/ The US will be a source of chaos and volatility. The first month of 2025 has set the scene. We analyse here the rapidly shifting international power relations as other countries start to organize "around and without" the US: China, South-South, EU-South...
www.phenomenalworld.org/analysis/pol...
www.phenomenalworld.org/analysis/pol...
The Musk blitzkrieg of the US government is looking like a quicker collapse than Twitter.
1. Musk is launching a digital wallet and peer-to-peer payment services on X
Meanwhile, Musk's associates have just been granted access to confidential information about X's competitors, an official at the Consumer Financial Protection Bureau told Musk Watch.
Meanwhile, Musk's associates have just been granted access to confidential information about X's competitors, an official at the Consumer Financial Protection Bureau told Musk Watch.
Musk associates granted access to confidential info about X's competitors
With Elon Musk's social media platform X poised to launch a digital wallet and peer-to-peer payment services, Musk's associates have been granted access to confidential information about X's competito...
www.muskwatch.com
February 11, 2025 at 12:56 AM
The Musk blitzkrieg of the US government is looking like a quicker collapse than Twitter.
Reposted by Karina Patrício
As global #debt crises cripples the Global South, I secured a debate on #DebtCancellation for low income countries 🌍
I asked the Govt to support my Debt Relief Bill which would:
✅compel private creditors to accept negotiated terms
✅reduce debt burden for the poorest countries
I asked the Govt to support my Debt Relief Bill which would:
✅compel private creditors to accept negotiated terms
✅reduce debt burden for the poorest countries
February 7, 2025 at 12:32 PM
As global #debt crises cripples the Global South, I secured a debate on #DebtCancellation for low income countries 🌍
I asked the Govt to support my Debt Relief Bill which would:
✅compel private creditors to accept negotiated terms
✅reduce debt burden for the poorest countries
I asked the Govt to support my Debt Relief Bill which would:
✅compel private creditors to accept negotiated terms
✅reduce debt burden for the poorest countries