By Xu Chen International finance of low carbon technologies is a major driver for the global transition towards a net-zero emissions energy system. As more and more countries work towards national decarbonization targets and align domestic finance with their targets, it is imperative that cross-border finance is also aligned with the Paris Agreement. A new […]
Decarbonizing the power sector will require a fundamental redirection of global finance from fossil fuel infrastructure towards low carbon technologies. Bilateral finance will play an important role in the global energy transition to non-fossil energy, but an understanding of its impact has so far been limited. In a new Science Direct article, Kevin P. Gallagher, […]
Southern-Led Development Finance, a new book edited by Diana Barrowclough, Kevin P. Gallagher and Richard Kozul-Wright, examines some of the innovative new South-South financial arrangements and institutions that have emerged in recent years, as countries from the Global South seek to transform their economies and shield themselves from global economic turbulence. Even before the COVID-19 […]
By Maureen Heydt In the midst of the COVID-19 shock, further trade liberalization has been presented as a pathway to economic recovery, exemplified by the proposed EU-MERCOSUR free trade agreement (FTA). A June 2021 working paper published by the Boston University Global Development Policy Center assessed the prospects of the FTA, finding the agreement may compound economic stagnation and […]
By Mahesh Karra Unlike many domains in health, the provision of high-quality family planning services is not only measured by the achievement of good reproductive health outcomes, but also considers the objective of helping women and couples maximize a complex and evolving set of preferences around future fertility and well-being. For this reason, the demand […]
Despite being a 100-year-old medicine, insulin remains inaccessible to millions around the world, owing to limited availability and high cost. Indeed, insulin is manufactured in just 20 countries worldwide, meaning there are 170 countries who are import-dependent for insulin. This limited physical availability of various forms of insulin, and the high cost of what is […]
Quotas for women in government have swept the globe. Yet, little is known about their capacity to upend entrenched social, political and economic hierarchies. The new book, Women, Power and Property: The Paradox of Gender Equality Laws in India, by Human Capital Initiative Core Faculty Member Rachel Brulé explores this question within the context of […]
The 21st century has seen a surge in interest in development banking, characterized by waves of capital increases in existing banks and the creation of two new regional development banks (RDBs): the Asian Infrastructure Investment Bank (AIIB) and New Development Bank (NDB). Scholars have noted these banks’ creation was motivated in part by a perceived […]
Editor’s Note: A previous version of this post shared a chart that was inconsistent with the title of the piece. The chart has been corrected, and the piece has been updated as of Monday, August 8, 2021. By Bridgette Lang Since 2008, China has been a fast growing and evolving player in Latin America, with […]
By Katie Gallogly-Swan On Thursday, July 15, the Boston University Global Development Policy (GDP) Center and the United Nations Conference on Trade and Development (UNCTAD) hosted a webinar discussion to explore the recently announced “Build Back Better World’” (B3W) Partnership from the G7, billed as a “Green Marshall Plan” to generate improved access to financing […]