Academic papers
“Hidden Debt Revelations” with Sebastian Horn, Philipp Nickol & César Sosa-Padilla. World Bank Working Paper, 2024. Reject and resubmit at The Quarterly Journal of Economics. Featured in The Economist.
“Borrowing Costs after Sovereign Debt Reliefs” with Valentin Lang and Andrea Presbitero. Voxeu summary. American Economic Journal: Economic Policy, Vol. 15, No. 2, May 2023.
“How Africa's Prospective Petroleum Producers Fell Victim to the Presource Curse” with Thomas Scurfield. Extractive Industries and Society, Vol. 8, Issue 1, 2021. Short summary article.
“Evidence for a presource curse? Oil discoveries, elevated expectations, and growth disappointments” with James Cust. Short summary article on the research in Finance and Development Magazine, Dec 2017. Podcast version. Featured in The Economist.
“Text-mining IMF country reports – An Original Dataset” with Akos Mate. Blog summary.
Policy papers
Debt for development swaps - Contributed to framework for evaluating debt for development swaps and considerations on the potential role of the World Bank. WB-IMF Approach Framework & WB Technical Note 2024
Debt Sustainability Analysis - Contributed to Supplement to 2018 Guidance Note on the Bank-Fund Debt Sustainability Framework for Low Income Countries. WB & IMF Note 2024.
Collateralized debt - - Contributed to note on Recent Developments and Policy Considerations on Collateralized Transactions prepared for the G20. IMF-WB Note 2023.
Resource backed loans - A review of public finance impacts of such loans in Africa and Latin America . “Resource-Backed Loans: Pitfalls and Potential” with Aisha Adam and Jyhjong Hwang. Featured in Reuters, Quartz Africa
National Oil Companies - An analysis of governance and performance of 71 companies. “Massive and Misunderstood: Data-Driven Insights into National Oil Companies” with Patrick Heller. IMF PFM Blog summary. Featured in The Economist, Foreign Policy
Fiscal rules - Review of compliance with fiscal rules in resource rich countries: “How did fiscal rules hold up in the commodity price crash?” with Liliana Fernandez. IMF PFM Blog summary.
SWFs - Review of newly established Sovereign Wealth Funds in resource rich countries: ”Premature Funds” with Andrew Bauer. IMF PFM blog version
Ghana - new fiscal rule proposal: “Optimizing Ghana’s Fiscal Rule” with Aisha Adam.
Guyana – new SWF proposal: “Challenges and Opportunities in Managing Guyana's Oil Wealth” with Andrew Bauer
Mongolia – compliance with Fiscal Stability Law in Mongolia : “Mongolia Sustainability Report” with multiple co-authors
Tanzania - Gas Revenue Management Framework: “Uncertain Potential: Managing Tanzania’s Gas Revenues” with Thomas Scurfield
Selected blog posts
Risk and Reward in Ghana’s Agyapa Gold Royalties Deal: Eight Points for Consideration (featured in The Economist)
A withhold up in Mongolia? Thoughts on the renewed tax debate around Oyu Tolgoi
Forecasting Case Study: Ghana’s Oil Revenues
Angola, Good Deals, and Mining the Data Deluge
What is the ‘Presource Curse’ and what are its Implications for Lebanon?
Mongolia’s Crisis Averted—For Now
The Miracle That Became a Debacle: Iron Ore in Sierra Leone
Debt Sustainability Challenges in Resource-Rich Developing Countries
Overseeing Budget Sustainability: A New Tool for Watchdogs
Modeling for the Masses: Why the IMF Should Open Up the FARI Model for Public Use
IMF's Open FARI Model Release an Important First Step
Other
General interest newspaper articles I wrote for the Hungarian online publication Qubit Magazine on development economics can be found here .