Gallagher in The Economist on National Development Banks

March 15, 2019

Kevin Gallagher, Director of the Global Development Policy (GDP) Center and Professor of Global Development Policy at the Frederick S. Pardee School of Global Studies, was interviewed for a recent article on national development banks.

Gallagher was interviewed for a March 7, 2019 article in The Economist entitled “National Development Banks Are Back In Vogue.

From the text of the article:

Mr Okpanachi is the boss of Development Bank of Nigeria(dbn), a wholesale lender to small firms that started operating in 2017. His institution is part of a proliferation of national development banks (ndbs) worldwide. Kevin Gallagher, of Boston University, and Rogerio Studart, of the Federal University of Rio de Janeiro, believe there are more than 250, with total assets of $4.9trn, four times those of multilateral peers. Poor countries account for over three-quarters of the tally, butndbs are also popular in the rich world. France and Canada have recently opened three between them. Myanmar and Ghana are rolling out new ones. Britain unusually, has nondb—but some politicians want one.

Gallagher serves on the United Nations’ Committee for Development Policy and co-chairs the T-20 Task Force on International Financial Architecture at the G-20. He previously served on the investment sub-committee of the Advisory Committee on International Economic Policy at the US Department of State and on the National Advisory Committee at the Environmental Protection Agency.   Gallagher has been a visiting or adjunct professor at the Paul Nitze School of Advanced International Studies at Johns Hopkins University, the Fletcher School of Law and Diplomacy at Tufts University; El Colegio de Mexico in Mexico; Tsinghua University in China, and the Center for State and Society in Argentina. @KevinPGallagher

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