Women are the bedrock of the economy and of society in Liberia. As of 2016, women comprise 50 percent of the Liberian labor force, supplying 76 percent of labor for cash crop production and 93 percent of the labor for food crop production. About 80 percent of women own small enterprises, compared to 57 percent […]
By Emanne Khan Trade relations between China and the United States reached a major turning point in 1979 when the two countries signed a trade agreement that provided both with greater access to the other’s markets. Then-US Secretary of Commerce Juanita M. Kreps stated at the signing, “Today we take a major step together in […]
According to the International Monetary Fund (IMF), Latin America and the Caribbean (LAC) is experiencing continued low economic growth projections amid a stalling COVID-19 recovery, rampant inflation and the knock-on effects of Russia’s war in Ukraine. Amid this challenging economic time for LAC, what are the latest developments on trade, investment, development finance, debt and […]
The rise of China as the world’s largest official bilateral creditor has not come without debate. Within US policymaking circles in particular, concerns have been voiced of the impact of Chinese finance and whether China engages in ‘debt trap diplomacy,’ wherein finance is lent with the intent to seize a strategic public asset or gain […]
A debt crisis is emerging in the Global South at the precise moment when substantial investment is needed to meet shared climate and development goals. Yet, the G20 Common Framework has been unable to engage all creditor classes or link debt relief to climate and development. How can emerging market and developing economies (EMDEs) find […]
The China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM), China’s two most active development finance institutions (DFIs), have historically accounted for the bulk of China’s overall lending to the Latin America and the Caribbean (LAC) region, though lending has declined significantly in recent years. Between 2015-2020, the LAC region saw a precipitous […]
By Oyintarelado Moses and Kevin P. Gallagher Recent reports suggest there may be new momentum in the beleaguered Group of 20 (G20) Common Framework negotiations in Zambia and beyond. Since its launch in 2020 in response to the COVID-19 pandemic, the Common Framework has been plagued by reluctance to fully engage in negotiations from private […]
After providing a staggering amount of finance for overseas development projects in the wake of the global financial crisis, Chinese overseas development finance has been on a general downward trend for several years. What is the status of China’s overseas development finance in the COVID-19 era? And looking forward, how likely is China to return […]
By Emanne Khan The word “infodemic” emerged nearly two decades ago when journalist David Rothkopf wrote in a 2003 Washington Post article about the then-ongoing global SARS outbreak, “A few facts, mixed with fear, speculation and rumor, amplified and relayed swiftly worldwide by modern information technologies, have affected national and international economies, politics and even […]
China has financed electric power plants around the world for several decades through foreign direct investment (FDI) and loans from China’s two policy banks, the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM). What is the status of China’s global power plants? In how many countries are they operating, and what are […]