By Rebecca Ray The triple crisis of public health, the global economy, and climate change are looming for the world, but focusing their havoc on developing countries in particular. While low and middle-income countries (LMICs) have faced wave after wave of the COVID-19 pandemic, the pandemic also made foreign capital and hard currency scarce, necessitating […]
By Katie Gallogly-Swan The debt crisis is far from over in the Global South. While international capital has partially returned to developing and emerging economies, in many low- and middle-income countries (LMICs) debt service is impeding crisis response as third waves of COVID-19 devastate recovery efforts and exacerbate scarring to economies already squeezed by severe […]
A debt crisis is looming in the Global South, compounded by the threat of climate change. World leaders such as Kristalina Georgieva, David Malpass, the Biden administration and 23 former Finance Ministers and Central Bank Governors have added their voices to a growing chorus calling for comprehensive debt relief linked to a green and inclusive […]
By Emanne Khan It is a well-established fact that women are underrepresented in global politics, and recent data from the United Nations demonstrates this underrepresentation spans all levels of government. Worldwide, women serve as heads of state or government in only 22 countries, and make up a mere 21 percent of government ministers; 25 percent […]
By Katie Gallogly-Swan For some observers, the recent G7 Summit on June 11-13, 2021 was a revival of multilateralism after an unprecedented year of collective tragedy during the COVID-19 pandemic. Tangible evidence of that revival shows indications of a more serious approach from major economies to the multiple crises facing the world. But with commitments […]
By Bridgette Lang The Boston University Global Development Policy Center manages a suite of five interactive public databases that collectively track hundreds of billions of dollars in Chinese loans and investment to a variety of sectors, including energy and other infrastructure development. The Global China Initiative within the GDP Center manages and updates these databases […]
By Natalia Marino On Thursday, June 10, the Boston University Global Development Policy Center hosted a webinar to discuss a new working paper analyzing the proposed EU-MERCOSUR free trade agreement (FTA), which has yet to take effect, but would represent the largest trade deal for both blocs in terms of number of citizens involved. Moderated […]
By Emanne Khan South Africa is home to the world’s largest population of individuals living with HIV, numbering nearly 8 million, according to the Center for Strategic and International Studies. South Africa also administers the world’s largest public HIV treatment program, which serves a patient population between 4-5 million people. Despite the scope of the […]
By Bridgette Lang Though 2020 was a year of economic contraction around the world, it was also a year of continued growth and enlargement for the Belt and Road Initiative (BRI) and the Asian Infrastructure Investment Bank (AIIB) in Latin America. Additionally, the Chinese share of regional exports grew, as did China’s energy sector involvement […]
By Özlem Ömer and Jeronim Capaldo The proposed trade agreement between the European Union and the South American trade bloc MERCOSUR poses serious risks to economic development. But one wouldn’t know that from economic projections and most existing studies of the subject. As is traditional in trade policy rhetoric, projections of the EU-MERCOSUR agreement rule […]