Latin America and the Caribbean (LAC) was hit hard in 2020 by the COVID-19 pandemic and the resulting economic downturn. With one of the highest mortality rates in the world, the region also saw the worst economic slowdown of any global region, contracting by over seven percent last year. In this context, LAC’s relationship with […]
In the wake of the Asian Financial Crisis, East Asia’s efforts to enhance regional financial cooperation raised the possibility of East Asia playing a more assertive role in global financial governance. However, despite the region’s increased voice in governance and economic weight, East Asian financial systems and markets have mostly adapted to global norms developed […]
Jacob Bor is a founding and core faculty member of the Human Capital Initiative (HCI) at the Global Development Policy Center. The HCI brings an interdisciplinary team of researchers together across Boston University to contribute to the advancement of innovative research on the political economy of human development. He is an Assistant Professor in the […]
Even before the COVID-19 crisis, it was clear the global economy needed a reset and a massive increase in public investment. In the last decade, it is no exaggeration to say that the leadership for this has come from the South – as Southern-owned development banks, infrastructure funds, foreign exchange reserve funds and sovereign wealth […]
2020 was a year of widening inequality around the world. The World Economic Outlook Update published by the International Monetary Fund in January 2021 estimated the global economy contraction at -3.5 percent in 2020. The decade-long gains in eradicating global poverty were reversed, with about 100 million people estimated to be pushed back into extreme […]
The China’s Global Energy Finance Database, compiled and updated annually by Boston University’s Global Development Policy Center, is an interactive data project that exhibits financing for global energy projects by China’s two global policy banks—the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM). In February 2021, the database was updated with 2020 […]
Job Description This is a newly created position to help convene and incubate a global Task Force on Financing a Green and Inclusive COVID-19 Recovery. The role’s primary focus is to assist in setting and implementing the strategic research and policy agenda for a portfolio of projects in Global Economic Governance Initiative (GEGI) as directed […]
This is a newly created position to help convene and incubate a global Task Force on Financing a Green and Inclusive COVID-19 Recovery. This is a 12-month position with the potential of renewal. The Communications & Outreach Associate supports the operations for strategic communications and outreach programs for the task force. This role reports the […]
China’s vast construction of infrastructure around the world involves not only promises of transnational cooperation, connectivity, and national development, but also local dispossession. Indeed, construction requires large tracts of land, which often leads to the displacement of local people. In Laos, investments since the early-2000s have entailed land loss and questionable safeguard practices. Despite pressure […]
By Jessica DiCarlo While investment in infrastructure offers certain benefits, it also poses social, environmental, and human rights risks—such as pollution, displacement, loss of livelihoods, or various modes of insecurity. As more countries turn to China for development and infrastructure finance, the question of how Chinese institutions will improve and ensure social and environmental safeguards […]