Policy papers

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 Rulewith 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 Reportwith multiple co-authors

Tanzania - Gas Revenue Management Framework: Uncertain Potential: Managing Tanzania’s Gas Revenueswith Thomas Scurfield

Academic working papers

Debt Relief, Liquidity Provision, and Sovereign Bond Spreads” with Valentin Lang and Andrea Presbitero. Voxeu summary. Forthcoming American Economic Journal: Economic Policy.

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 disappointmentswith 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.

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 .