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Co-Directors: Prof. Kevin Gallagher and Prof. Cornel Ban

A research program of the Center for Finance, Law & Policy, the Frederick S. Pardee Center for the Study of the Longer-Range Future, and the Frederick S. Pardee School of Global Studies. The Global Economic Governance Initiative (GEGI) was founded in 2008 to advance policy-relevant knowledge about governance for financial stability, human development, and the environment.

GEGI focuses on three areas:

The Political Economy of Global Finance

In the wake of the global financial crisis, nations, regions and global institutions are engaged in significant reform of their financial systems.  This research effort analyzes the extent to which such efforts are consistent with the goals of financial stability, the generation of economic growth, and human development.

Trade, Investment Rules, and Development

The 21st century is thus far marked as one of increasing integration in terms of trade and investment.  This research examines the extent to which new trade and investment treaties are consistent with each other and grant nations the proper policy space to meet their own development objectives.

Emerging Markets and the Periphery Program

By 2018 emerging market and developing economies will have more than half of world economic output.  This work examines the changing political and economic dynamics of emerging markets and developing economies in the world economy.  Work focuses on the BRICS countries in general; China’s global reach; and the developing world.

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