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Ka Lok Wong (Steve), macroeconomist at UNECA

Ka Lok Wong(Steve)

I’m a macroeconomist (Associate Economic Affairs Officer) at the United Nations Economic Commission for Africa (UNECA) in Addis Ababa, working on growth, fiscal, and debt issues across the continent.

I completed my PhD in International Economics at the Geneva Graduate Institute.

My research examines sovereign financing, currency risk, and fiscal outcomes, with a focus on African and emerging-market economies. I combine original datasets, including the African Debt Database, with empirical analysis to understand governments’ borrowing choices and their responses to economic shocks.

This website started as a side project during my PhD to keep old folders and half-finished ideas in one place. If anything here is useful for your own work, be it data source(s) or code, feel free to use it.

Standard disclaimer: views are my own, not of my employer.

Addis Ababa, Ethiopia
LinkedIn @steveklwong Email

Selected Research

View all research
Accepted2026
Determinants of Sovereign Bond Issuance in Emerging Markets

with Mark Manger & Ugo Panizza

Accepted for publication, Oxford Review of Economic Policy

Editorial preparation2026
Africa's Domestic Debt: Balancing Resilience and Vulnerability

with Michael Chui, Leonardo Gambacorta, Ugo Panizza & Niccolò Rescia

BIS manuscript; in editorial preparation

Working Paper2025
Africa's Domestic Debt Boom: Evidence from the African Debt Database

with Mark Manger, David Mihalyi, Ugo Panizza, Niccolò Rescia, Christoph Trebesch

CEPR Discussion Paper 20747 (2025)

Media

Occasionally my work or datasets show up in external coverage. Here are a few places where you might have seen them.