Skip to main content

Ka Lok Wong (Steve)

Macroeconomist · Associate Economic Affairs Officer, United Nations Economic Commission for Africa (UNECA)

Addis Ababa, Ethiopia LinkedIn @steveklwong Email

Publications

Determinants of Sovereign Bond Issuance in Emerging Markets. First author; with Mark Manger and Ugo Panizza. Oxford Review of Economic Policy, 42(2), 415–447 (2026). Journal article. Earlier version: CEPR Discussion Paper 21251 (2026).

Working Papers

Africa's Domestic Debt: Balancing Resilience and Vulnerability. With Michael Chui, Leonardo Gambacorta, Ugo Panizza and Niccolò Rescia. BIS manuscript; in editorial preparation.

Africa's Domestic Debt Boom: Evidence from the African Debt Database. With Mark Manger, David Mihalyi, Ugo Panizza, Niccolò Rescia and Christoph Trebesch. CEPR Discussion Paper 20747 (2025).

Work in Progress

Monetary Shocks and Fiscal Consequences: Exchange Rate Pass-Through to Tax Revenues in Emerging Markets. Single-authored; in development.

The Non-Interchangeability of Sovereign Debt: Allocation Across Three Ceilings. In development.

The Impact of China on Trade Invoicing: An Examination of Market Size and Trading Market Location. Single-authored; under revision.

Domestic Gravity: Household Surplus Capacity and Economic Resilience. In development.

Selected Skills

Software (teaching / working): Python, Stata, Matlab, Dynare, R, LaTeX

Data platforms: Bloomberg, Refinitiv DataStream, ORBIS, S&P Capital IQ, assorted APIs

Selected Employment

Economist (Associate Economic Affairs Officer)

United Nations Economic Commission for Africa (UNECA), Macroeconomic Analysis, Institutions & Economic Governance Section, Macroeconomics and Governance Division (MGD)

Young Professionals programme, Economic Affairs

Addis Ababa · Feb 2025 – present

PhD Researcher

Centre for Finance and Development, Geneva Graduate Institute (SNIS project on sovereign debt)

Geneva · Oct 2022 – Aug 2024

Research Intern, then Consultant

International Labour Organization (ILO)

Bangkok · Feb 2019 – Jul 2020; external collaboration in Aug–Sep 2022

Education

PhD in International Economics

Geneva Graduate Institute (IHEID)

2021 – 2025 · Summa cum laude

Thesis: Essays in International Finance and Macroeconomics

MA in International Economics

Geneva Graduate Institute (IHEID)

2020 – 2021 (fast-track to PhD)

MSc in Economic History

London School of Economics

2017 – 2018 · Merit

BA in Culture Management

City University of Hong Kong

2013 – 2017 · First

Research Assistance during PhD

Worked as research assistant to Ugo Panizza (2022); Philippe Bacchetta (2021–22); Richard Baldwin & Jonathan Dingel (2021).