Year: 2021

Bailouts From Beijing: How China Functions as an Alternative to the IMF

Since China began lending large quantities of money to the Global South in the mid- 2000s, suspicions have swirled that these loans compete with the International Monetary Fund (IMF), offering comparable amounts of money in exchange for very different promises. Whereas the IMF conditions its loans on commitments to economic reform, China typically lends for […]

Don’t Be Afraid to Compete: The Role of Industrial Policy in Global Development

By James Sundquist Do economies always grow fastest when left alone, or can governments spur economic development through active measures such as subsidies? What kinds of interventions – also known as industrial policy – are most effective? These questions motivated a lecture delivered by Dean Ann E. Harrison of the Haas School of Business at […]

Resource Misallocation and Fiscal Decentralization: Evidence from China

China has experienced an unprecedented period of growth over the last three decades, partly reflecting big structural changes. Nonetheless, productivity has slowed in recent years, raising concerns about future growth prospects. On Wednesday, March 24, Marialuz Moreno Badia will discuss whether fiscal decentralization and associated regional disparities can explain resource misallocation in China. Using a […]

The New Era of Development Finance: Panel Discusses Rise of South-South Lending

By Luma Ramos Worldwide, nations face challenges to finance stable, inclusive, and green structural transformation. Even before the COVID-19 crisis, economies had to create strategies and mobilize resources to fill the existing investment gap. Over the past decade, financial institutions in the Global South have pushed to channel their resources to meet their own needs. […]

Labor Market Power, Self-Employment and Development

As part of the Human Capital Initiative Speaker Series for Spring 2021, Dr. Francesco Amodio, Assistant Professor at McGill University, will present on the role of labor markets and freelancing in development. STARTS: 4:00 PM EST on Wednesday, April 28, 2020 ENDS: 5:00 PM EST on Wednesday, April 28, 2020 LOCATION: Via Zoom REGISTRATION: https://bostonu.zoom.us/meeting/register/tJUrdOqpqzosH9dlcwfpGSRuxeQ_CxtnR5VE?_x_zm_rtaid=tEC2e49HQ1Gx_Z_8kV0MDA.1615575645064.390cd5f670e1df441f68dfccbfae77a0&_x_zm_rhtaid=280

Petitioning Patrons: Community Claims and Political Responsiveness in Urban India

As part of the Human Capital Initiative Speaker Series for Spring 2021, Dr. Adam Auerbach will present on local governance and urban politics in India. Dr. Auerbach is an Assistant Professor at American University. STARTS: 4:00 PM EST on Wednesday, March 24, 2020 ENDS: 5:00 PM EST on Wednesday, March 24, 2020 LOCATION: Via Zoom […]

Webinar Summary: China’s Global Energy Finance and China-Latin America Finance

On Weds., Feb. 24, the Global Development Policy (GDP) Center and the Inter-American Dialogue (IAD) hosted a webinar discussion to highlight new research on Chinese overseas development lending to both global energy projects and Latin America and the Caribbean (LAC). The webinar covered updates to two different interactive databases, both with supporting policy materials: China-Latin […]

2020: A Point of Inflection in the China-Latin America Relationship?

By Rebecca Ray, Zara C. Albright, and Kehan Wang 2020 was a possible inflection point in the economic relationship between Latin America and the Caribbean (LAC) and China. According to joint research from Boston University’s Global Development Policy Center and the Inter-American Dialogue, last year, for the first time since 2006, China didn’t offer any […]