In a new policy brief, Kevin P. Gallagher, William N. Kring, Barbara Fritz and Laurissa Mühlich discuss the precarious state of the global financial system and introduce a new interactive database to track short-term crisis finance. The world economy has gone into a free fall due to the COVID-19 pandemic. At the same time, policy-makers […]
Chinese policy banks provided close to half a trillion dollars in development finance to foreign governments from 2008—2019. This new interactive database allows users to examine the geolocation of China’s overseas development projects and to explore their proximity to indigenous people’s lands, critical habitats, and national protected areas. The interactive China’s Overseas Development Finance Database […]
Ahead of the G20 summit in Riyadh, Saudi Arabia this week, our experts outline the top policy priorities of the moment. Below are recommendations related to trade agreements, bond purchases, IMF austerity, strengthening the global financial safety net, climate change, and more: G20 Needs to Reset Multilateralism As the COVID-19 pandemic rages into a second […]
In the wake of the global financial crisis of 2008-9, the research department and flagship reports of the International Monetary Fund (IMF) suggested tight fiscal consolidation was inappropriate for developing nations undergoing economic stress. In this new working paper, Dr. Rebecca Ray, Dr. Kevin P. Gallagher, and Dr. William Kring evaluate the extent to which […]
The past two decades have witnessed China’s rise as the world’s leading provider of official development finance (ODF) for energy. However, the overwhelming majority of the Chinese ODF has flown to fossil fuels projects, with solar and wind power representing 2.6 percent the total for electric power worldwide and 1.1 percent of the total for […]
As part of the Fall 2020 Global China Research Colloquium, Dr. Bruce Larson, Dr. Jeffrey Geddes and Arden Radford will present on the social costs of 21st century coal-fired power, based on evidence from a Chinese-financed power plant in Pakistan. Speakers: Dr. Bruce Larson, Professor of Global Health, Boston University Dr. Jeffrey Geddes, Assistant Professor, […]
As part of the Fall 2020 Global Economic Governance Seminar Series, Zhongxia Jin will present on China and the International Monetary System. Dr. Jin is the Executive Director for China at the International Monetary Fund. STARTS: 9:00 am on Thursday, Nov. 12, 2020 ENDS: 10:00 am on Thursday, Nov. 12, 2020 LOCATION: Via Zoom REGISTRATION: https://bostonu.zoom.us/webinar/register/WN_Lf7XEAyiQ7afCnnxm__Vcg Zhongxia […]
As part of the Fall 2020 Global China Research Colloquium, Dr. Yan Wang will present on Southern Africa Development Community and China Debt Distress. Dr. Wang is a Senior Visiting Researcher at the Global Development Policy Center. She previously worked as Senior Economist and Team Leader in the World Bank for 20 years and served as […]
As part of the Fall 2020 Global China Research Colloquium, Xia Li will present on Physical Climate Risks and Overseas Investments. Xia is a Ph.D. candidate in the Strategy & Innovation Department at the Questrom School of Business, Boston University. She is also a research fellow with the Global China Initiative of the Global Development Policy […]
Many markets have multiple voluntary certification programs that sellers use to signal product or organizational quality. Certification is a widely used tool for reducing information asymmetry between buyers and sellers when product quality is hard to assess, or when certain organizational behaviors are hidden. It is not clear though how voluntary certification programs serve the […]