Background Paper No. 38
By Jeffrey D. Bean and Dhruva Jaishankar
By Udaibir Das
Drawing on the public sector balance sheet literature, the economics of sovereign self-insurance, and the Knightian distinction between risk and uncertainty, this paper argues that conventional sovereign asset-liability management is necessary but incomplete.
Edited Volume
By Rachel Rizzo, Clemens Chay, Kartik Bommakanti, Vasabjit Banerjee, Aleksei Zakharov, Soumya Bhowmick, Arya Roy Bardhan, Jhanvi Tripathi, and Samriddhi Vij
Editors: Sharon Stirling and Eszter Karacsony
By Udaibir Das
More moves of this kind should be expected, extending beyond energy into critical minerals, technology standards, industrial policy, and cross-border finance. The UAE’s decision is not an outlier. It is a marker — not of fragmentation, but of redefinition.
By Shayak Sengupta
Without concerted policy efforts to incorporate the eastern states into India’s renewable fold, the region risks being left behind in reaping the benefits of transition.
By Shayak Sengupta and Sagatom Saha
The Inflation Reduction Act is Washington’s boldest climate policy ever—but still woefully insufficient.
By Shayak Sengupta, Neha Khanna, Casper Sonesson, Daniel Suryadarma, Aanandita Sikka, Edoardo Tancioni, Sagatom Saha, Budy Resosudarmo
Economywide decarbonization is essential for achieving the climate goals set in the Paris Agreement.
By Shayak Sengupta, and Sagatom Saha
The era of green subsidies is shaping the transition to a cleaner future, but, absent global cooperation, developing countries risk being left behind.
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