Category: Kevin Gallagher

China’s Turn to Gouge Latin America

January 25th, 2015 in 2015, Bloomberg, College and Graduate School of Arts and Sciences, Kevin Gallagher, Newsmakers 0 comments

GallagherBloomberg View
Kevin Gallagher, College of Arts & Sciences

To many in Latin America, the Caribbean and Latin America Community summit in Beijing earlier this month was the dawn of a new world order…

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The IMF’s New Transfers Policy and the Trading System

January 21st, 2015 in 2015, College and Graduate School of Arts and Sciences, Kevin Gallagher, Newsmakers, OP-EDs by BU Professors 0 comments

GallagherInvestment Treaty News
By Kevin Gallagher, College of Arts & Sciences

In late 2012, the International Monetary Fund (IMF) officially endorsed an “institutional view” on the management of capital flows…

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China’s courtship of Latin America tested

January 8th, 2015 in 2015, College and Graduate School of Arts and Sciences, Financial Times, Kevin Gallagher, Newsmakers 0 comments

GallagherFinancial Times (subscription required)
Kevin Gallagher, College of Arts & Sciences

Venezuelan President Nicolás Maduro has announced $20bn worth of investment from China. But left unsaid was whether he got what he came for: a financing lifeline from his largest creditor

Expert quote:

“Everyone is watching to see how they deal with defaults. The Chinese have not experienced it yet.”

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Why China and Latin America are tying the knot in 2015

January 6th, 2015 in 2015, College and Graduate School of Arts and Sciences, Kevin Gallagher, Newsmakers 0 comments

GallagherFusion
Kevin Gallagher, College of Arts & Sciences

Save the date! China and Latin America are getting hitched this year…

Expert quote:

“It is hard to think about substantive counteroffers that the U.S. can provide.”

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South American commodity boom drives deforestation and land conflicts

December 31st, 2014 in 2014, College and Graduate School of Arts and Sciences, Kevin Gallagher, Newsmakers, Washington Post 0 comments

GallagherWashington Post
Kevin Gallagher, College of Arts & Sciences

A commodity boom has helped pull millions out of poverty across South America over the past decade. It has also unleashed a new scramble for oil, minerals and cropland that is accelerating deforestation and fueling a new wave of land conflicts from Colombia to Chile

Expert quote:

“Commodity prices, directly or indirectly, have increased deforestation in the Amazon. Price increases create the perception of scarcity, which pushes investors into new terrain.”

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Obama hopes to enlist GOP in push for trade pact, despite Democratic resistance

December 28th, 2014 in 2014, College and Graduate School of Arts and Sciences, Kevin Gallagher, Newsmakers, Washington Post 0 comments

GallagherWashington Post
Kevin Gallagher, College of Arts & Sciences

President Obama is preparing a major push on a vast free-trade zone that seeks to enlist Republicans as partners and test his premise that Washington can still find common ground on major initiatives…

Expert quote:

“Obama was left with, ‘If you can’t reform anything, then you have to be anti-new free-trade agreements.’ But he never said that. He said you need to expand trade because we’re living in a globalized world and we’re all benefiting from it.”

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The IMF’s perestroika moment

December 17th, 2014 in 2014, Blogs, College and Graduate School of Arts and Sciences, Cornel Ban, Kevin Gallagher, Newsmakers, OP-EDs by BU Professors, Washington Post 0 comments

Washington Post “Monkey Cage Blog”
By Cornel Ban, College of Arts & Sciences and
Kevin Gallagher, College of Arts & Sciences

The economic crisis that struck in 2008 challenged many myths. One of them is the myth of the International Monetary Fund (IMF) as a global agent of economic orthodoxy…

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Chinese role expected in Mexico’s energy reform

December 7th, 2014 in 2014, College and Graduate School of Arts and Sciences, Kevin Gallagher, Newsmakers 0 comments

GallagherChina Daily USA
Kevin Gallagher, College of Arts & Sciences

As Mexico opens up its energy sector to outside investment, China is expected to play a role especially in financing projects according to observers…

Expert quote:

“China’s 2013 loan to Pemex for $1 billion guarantees China a seat at Mexico’s energy reform table. The loan, from the China Development Bank and the ICBC, guarantees that China’s CNOOC gets a piece of the action in terms of exploration and production. China is a net importer of oil and its firms are rapidly obtaining access and assets across the world. Until now China has had little access to Mexico. Now it is the first to contribute hard cash.”

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AIIB: China needs to win over naysayers

November 4th, 2014 in 2014, College and Graduate School of Arts and Sciences, Kevin Gallagher, Newsmakers 0 comments

GallagherThe Straits Times
Kevin Gallagher, College of Arts & Sciences

China’s new international development bank was launched with a splash last month, but not the kind that Beijing had hoped for…

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Mexico gets high ranking on regulatory reforms

November 2nd, 2014 in 2014, College and Graduate School of Arts and Sciences, Kevin Gallagher, Newsmakers 0 comments

GallagherChina Daily USA
Kevin Gallagher, College of Arts & Sciences

Mexico is among the top five business-friendly regulatory environments in Latin America, while Brazil suffers from a complex and time-consuming process for essential business tasks, according to a World Bank Group study…

Expert quote:

“Mexico has been struggling with growth so they have really turned up the incentives to get more foreign direct investment by offering businesses 10 years with no taxes.”

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