By Rachel Thrasher In 2018, Bangladesh met the necessary criteria for graduation from Least Developed Country (LDC) status and is now slated to graduate by 2026. Bangladesh’s pharmaceutical industry has played a critical role in this possible graduation. Exploring this connection, a new working paper from the Boston University Global Development Policy Center demonstrates the […]
Bangladesh is one of the few Least Developed Countries (LDCs) that has been able to gain a foothold in the global medicines market, which is characterized by significantly high entry barriers compared to other traded goods. Policies implemented by the Bangladesh government have strengthened its pharmaceutical sector, but to what extent would Bangladesh have been […]
Southern-Led Development Finance, a new book edited by Diana Barrowclough, Kevin P. Gallagher and Richard Kozul-Wright, examines some of the innovative new South-South financial arrangements and institutions that have emerged in recent years, as countries from the Global South seek to transform their economies and shield themselves from global economic turbulence. Even before the COVID-19 […]
By Maureen Heydt In the midst of the COVID-19 shock, further trade liberalization has been presented as a pathway to economic recovery, exemplified by the proposed EU-MERCOSUR free trade agreement (FTA). A June 2021 working paper published by the Boston University Global Development Policy Center assessed the prospects of the FTA, finding the agreement may compound economic stagnation and […]
By Samantha Igo As the Global South grapples with a deadly pandemic and growing climate concerns, the United Nations Development Program estimates developing countries and emerging economies owe close to $1.1 trillion in debt service payments in 2021 alone. Comprehensive debt relief is needed to avoid this looming crisis, but existing relief structures, such as […]
By: Paula Torrez-Ortiz The Global Economic Governance Initiative (GEGI) within the Boston University Global Development Policy Center works to advance policy-relevant research on international financial, trade and development institutions that play a leading role in global economic governance. As part of this work, the GEGI research team has released four interactive research projects that serve […]