By Christina Duran The Boston University Global Development Policy (GDP) Center is pleased to present the 2023 cohort of Global China Research Fellows. These six outstanding scholars from across a multitude of universities, including Boston University, Ohio State University and the University of Cape Town, have or will have completed doctoral degrees in an array […]
By Cecilia Springer and Joanna Lewis A dramatic scaling of renewable energy (RE) is needed to achieve global climate goals, while developing countries are simultaneously facing a financing gap for low-carbon infrastructure that can meet both climate and development goals. China has emerged as the world’s largest bilateral lender for development finance, and is increasingly […]
By Zara C. Albright Amid a challenging global and regional context of rising interest rates, lingering effects of the COVID-19 pandemic and increasing impacts of climate change, a new report by the Boston University Global Development Policy Center summarizes and synthesizes the latest trends in the economic relationship between China and Latin America and the […]
A dramatic scaling of renewable energy (RE) is needed to achieve global climate goals, particularly in the Global South. However, increasing geopolitical tensions between the United States and China have spilled over into the realm of climate cooperation, stymying collaboration and climate action. Time is of the essence for finding ways to leverage American and […]
By Ying Qian The year 2023 may prove devastating for Global South countries, as more and more find themselves engulfed in debt distress. Indeed, more than 60 countries have been identified by the International Monetary Fund (IMF) as being in moderate to high debt distress or already in outright debt distress. Several countries such as […]
Multiple and overlapping crises have intensified debt vulnerabilities of emerging economies in recent years. In 2023, more than 60 countries are at or near significant debt distress, according to the International Monetary Fund (IMF) and the United Nations Development Programme (UNDP). Despite continued efforts by creditors and international communities, significant challenges remain for systematic and […]
By Yangsiyu Lu, Cecilia Springer and Bjarne Steffen Increasing infrastructure finance is high on the agenda for achieving sustainable development targets and climate goals in developing countries. Many development finance institutions, including the World Bank, Asian Development Bank and Global Environment Facility, have identified cofinancing as a key tool for mobilizing more financial resources, which […]
In recent years, the concept of cofinancing has gained currency in policy discussions on development finance. Cofinancing, having multiple financiers in development projects from government agencies, development banks and private actors, is acknowledged as an important tool to bridge the finance gap in developing countries. Yet, relatively little is known about outcomes for cofinanced projects. […]
China is not alone in directing public financing to new coal-fired power across the globe. Yet, China’s development finance institutions have played a significant role in commissioning and financing over 39GW of currently operating overseas coal power plants, largely in South and Southeast Asia within the past two decades. If these plants are assumed to […]
By Christina Duran The Latin American Studies Association, the premier international association of scholars of Latin America and the Latin American diaspora, has recently announced that Susan Eckstein, Professor of Sociology and of International Relations at Boston University’s Frederick S. Pardee School of Global Studies, will be awarded the Association’s Kalman Silvert Award for distinguished […]