Cesar Sosa-Padilla

Associate Professor of Economics; Faculty Fellow, Kellogg Institute for International Studies

Department of Economics; Kellogg Institute for International Studies

Office
3034 Jenkins And Nanovic Halls
Notre Dame, IN 46556
Phone
+1 574-631-4784
Email
csosapad@nd.edu
Website
https://sosapadilla.github.io/

Associate Professor of Economics; Faculty Fellow, Kellogg Institute for International Studies

  • International macroeconomics and finance
  • Macroeconomics (domestic)
  • Fiscal policy
  • Sovereign default crises
  • Foreign economies (Argentina) 
  • FX Reserve Accumulation

Sosa-Padilla’s Latest News

Sosa-Padilla in the News

The Tuna Bonds Scandal and the fishy business of hidden debt

Audio

New research shows that hidden debt is a widespread problem. The economists behind this research shine a light on this practice — they tell us where the money comes from and how secret borrowing can make life worse for ordinary people. Cesar Sosa-Padilla is an economist at the University of Notre Dame in Indiana, he says these numbers show that hidden debt is a large and common problem for the nearly 150 countries that the researchers studied.

When countries hide their public debt, they hurt themselves, their citizens and their lenders, say economists

Cesar Sosa-Padilla, associate professor of economics and a faculty fellow at the Kellogg Institute for International Studies, part of Notre Dame's Keough School of Global Affairs, along with co-authors from the World Bank, the University of Hamburg and the University of Duisburg-Essen, authored a working paper published by the National Bureau of Economic Research titled "Hidden Debt Revelations."

A tonne of public debt is never made public

Since 1970 governments in the global south have accrued at least $1trn in external debt that was not reported to the World Bank when it was contracted, according to a new study by researchers at the World Bank, the University of Duisburg-Essen and the University of Notre Dame