## Neil Shenai

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**Canonical URL:** [Neil Shenai](https://www.imf.org/en/research/researcher-cv/author/shenai-neil)

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## Bibliographic details
- Authors: Neil Shenai

---

### Profile

### Education

- Ph.D. in International Political Economy - Johns Hopkins SAIS, USA (2014). Dissertation: "Central and Shadow Banking during the Global Financial Crisis"

- M.A. in International Finance - Johns Hopkins SAIS, USA (2008)

- B.A. in Economics and International Relations - Johns Hopkins University, USA (2007)

### Previous Experience

- Senior Advisor to the Under Secretary for International Affairs - U.S. Treasury (2018-19)

- Financial Attaché to Mexico and Central America - U.S. Treasury (2016-18)

- International Economist - U.S. Treasury (2015-16)

### Professional Activities

- Member of the Washington Program Committee of the Board of Directors - Council on Foreign Relations (2021-2024)

### Current Position

- Assistant to the Director - IMF's Strategy, Policy & Review Department (2023-present)

### Teaching

- Adjunct Lecturer of International Economics - Johns Hopkins SAIS (2011-2016)

### IMF Career

- Senior Economist - Strategy, Policy & Review Department (promoted 2023)

- Economist - Strategy, Policy & Review Department (2020-2023)

- Advisor to the U.S. Executive Director - IMF's Executive Board (2019-2020)

### Work in progress

- “Cap and Trade: The Case for Salary Cap Fungibility in the National Football League” (work in progress)

### Books

- [How the Brady Plan Delivered on Debt Relief: Lessons and Implications (Cambridge University Press, 2026)](https://www.cambridge.org/core/elements/how-the-brady-plan-delivered-on-debt-relief/29F202D708B2185EA4FB8481C5B6E1B2)

- [Escaping the Governance Trap: Economic Reform in the Northern Triangle (Palgrave Macmillan, 2022)](https://www.amazon.com/Escaping-Governance-Trap-Economic-Northern-ebook/dp/B0B6HCGDWF/ref=sr_1_2?qid=1684949047&refinements=p_27%3ANeil+Shenai&s=books&sr=1-2)

- [Social Finance: Shadow Banking During the Global Financial Crisis (Palgrave Macmillan, 2018)](https://www.amazon.com/Social-Finance-Shadow-Banking-Financial-ebook/dp/B07FMLM6HD/ref=sr_1_1?qid=1684949047&refinements=p_27%3ANeil+Shenai&s=books&sr=1-1)

### IMF Publications

### IMF Books and Working Papers

- [The Coming Great Repression? New Measures and a Century of Evidence](https://www.imf.org/en/publications/wp/issues/2026/07/31/the-coming-great-repression-new-measures-and-a-century-of-evidence-578320), Working Paper No. 2026/160 , July 31, 2026

- [Fiscal R-Star: Fiscal-Monetary Tensions and Implications for Policy](https://www.imf.org/en/publications/wp/issues/2024/08/09/fiscal-r-star-fiscal-monetary-tensions-and-implications-for-policy-552877), Working Paper No. 2024/174 , August 9, 2024

- [How the Brady Plan Delivered on Debt Relief: Lessons and Implications](https://www.imf.org/en/publications/wp/issues/2023/12/14/how-the-brady-plan-delivered-on-debt-relief-lessons-and-implications-542389), Working Paper No. 2023/258 , December 15, 2023

- [The Financial Cost of Using Special Drawing Rights: Implications of Higher Interest Rates](https://www.imf.org/en/publications/wp/issues/2023/09/15/the-financial-cost-of-using-special-drawing-rights-implications-of-higher-interest-rates-539183), Working Paper No. 2023/193 , September 15, 2023

- [Lessons from Haiti’s Recent Exchange Rate Developments](https://www.imf.org/en/publications/wp/issues/2022/11/11/lessons-from-haitis-recent-exchange-rate-developments-525635), Working Paper No. 2022/225 , November 11, 2022

### IMF Country Reports

- [South Africa: Article IV Consultation (2025)](https://www.imf.org/en/publications/cr/issues/2026/02/10/south-africa-2025-article-iv-consultation-press-release-staff-report-and-statement-by-the-573842)

- [South Africa: Article IV Consultation (2024)](https://www.imf.org/en/Publications/CR/Issues/2025/01/30/South-Africa-2024-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-561414)

- [Haiti: Staff-Monitored Program (2023)](https://www.imf.org/en/Publications/CR/Issues/2023/08/30/Haiti-Staff-Monitored-Program-Press-Release-and-Staff-Report-538636)

- [Haiti: Second Review Under the Staff-Monitored Program (2023)](https://www.imf.org/en/Publications/CR/Issues/2023/06/26/Haiti-Second-Review-Under-the-Staff-Monitored-Program-Press-Release-and-Staff-Report-535324)

- [Haiti: Request for the Disbursement Under the Credit Facility (2023)](https://www.imf.org/en/Publications/CR/Issues/2023/02/07/Haiti-Request-for-the-Disbursement-Under-the-Credit-Facility-Press-Release-Staff-Report-and-529440)

- [Haiti: First Review Under the Staff-Monitored Program (2023)](https://www.imf.org/en/Publications/CR/Issues/2023/01/25/Haiti-First-Review-Under-the-Staff-Monitored-Program-Press-Release-and-Staff-Report-528611)

- [Haiti: Staff-Monitored Program (2022)](https://www.imf.org/en/Publications/CR/Issues/2022/07/01/Haiti-Staff-Monitored-Program-Press-Release-and-Staff-Report-520269)

### Other Published Materials

- [2021 Special Drawing Rights Allocation—Ex-Post Assessment Report (2023)](https://www.imf.org/en/Publications/Policy-Papers/Issues/2023/08/28/2021-Special-Drawing-Rights-Allocation-Ex-Post-Assessment-Report-538583)

- [Review of the Method of Valuation of the SDR (2022)](https://www.imf.org/en/Publications/Policy-Papers/Issues/2022/05/16/Review-of-the-Method-of-Valuation-of-the-SDR-517967)

- [Guidance Note for Fund Staff on the Treatment and Use of SDR Allocations (2021)](https://www.imf.org/en/Publications/Policy-Papers/Issues/2021/08/19/Guidance-Note-for-Fund-Staff-on-the-Treatment-and-Use-of-SDR-Allocations-464319)

### Non-IMF Publications

### Publications in Journals (Refereed)

- [Book review of "Europe's orphan: the future of the euro and the politics of debt" By Martin Sandbu (International Affairs 92/3, 2016)](https://onlinelibrary.wiley.com/doi/abs/10.1111/1468-2346.12626)

### Other Published Materials

- [Fiscal R-Star: Fiscal-Monetary Tensions and Implications for Policy (The European Money and Finance Forum, 2024), with Marijn Bolhuis and Jakree Koosakul](https://www.suerf.org/publications/suerf-policy-notes-and-briefs/fiscal-r-star-fiscal-monetary-tensions-and-implications-for-policy/)

- [Mind the gap: Gauging fiscal-monetary tensions through fiscal r-star (VoxEU, 2024), with Marijn Bolhuis and Jakree Koosakul](https://cepr.org/voxeu/columns/mind-gap-gauging-fiscal-monetary-tensions-through-fiscal-r-star)

- [R Star Star Wars Episode II: Fiscal Policy Strikes Back (Financial Times, 2024), with Marijn Bolhuis and Jakree Koosakul](https://www.ft.com/content/acd06771-4249-404d-bf52-7e698fb4ef24)

- [Dissecting the OG Brady Plan: Debt crisis resolution revisited (Financial Times, 2024), with Marijn Bolhuis](https://www.ft.com/content/0d868ac4-63bb-4ac0-bc3a-0ca8f8297733)

- [The Rupee Dilemma (Foreign Affairs, 2014)](https://www.foreignaffairs.com/articles/south-asia/2014-04-30/rupee-dilemma)

- [The G-20's Dead Ideas (Foreign Affairs, 2010), with Mark Blyth](https://www.foreignaffairs.com/articles/united-states/2010-07-09/g-20s-dead-ideas)

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_Source: https://www.imf.org/en/research/researcher-cv/author/shenai-neil_
