Troubled sovereign international debt is a global governance challenge, requiring solutions balancing the interests of the global economy, creditors, and debtor nations and their citizens. Unspoken ethical and/or logical assumptions exert subtle influences on sovereign debt debates and negotiations. A new working paper by Leslie Elliott Armijo and Prateek Sood explores the origins of the […]
By Leslie Elliott Armijo and Prateek Sood Ideas matter for choices about economic policy. Unexamined assumptions may bound the scope of the analysis of the sources of problems, as well as their possible solutions. After each round of international financial crises and their associated sovereign defaults, possible solutions are proposed to amend the global governance […]
To achieve the United Nations 2030 Sustainable Development Goals (SDGs) and avoid the catastrophic consequences of climate inaction, emerging market and developing countries (excluding China) need to mobilize a massive volume of investments, with estimates ranging between $3-4 trillion annually by 2030. However, not only is developing countries’ fiscal space constrained by the features of […]
Most of the world’s countries have renewed their interest in leveraging industrial policies to address concerns about global competitiveness, economic security and much needed investment in low-carbon technologies. Indeed, to combat climate change, the world needs rapid, diverse and experimental action by all nations, regardless of development or income level. To enable such action, the […]
In many low- and middle-income countries, it is commonly believed that weak state and regulatory capacities limit the ability to reduce pollution and mitigate climate impact. In Bangladesh and across South Asia, most brick manufacturing takes place in informal, traditional coal-fired kilns. These kilns are among the largest sources of greenhouse gas emissions and air […]
In many ways the African continent has been poised for take-off. The continent is home to many of the key ingredients for a successful 21st century economy with 60 percent of the world’s solar resources, 30 percent of proven transition mineral reserves and enough wind potential to provide the entire continent enough electricity to meet […]
By Samantha Igo Rachel Nolan, a Core Faculty Member of the Human Capital Initiative at the Boston University Global Development Policy Center and an Assistant Professor of International History at the BU Frederick S. Pardee School of Global Studies, has been awarded a New Directions Fellowship from the Mellon Foundation to expand her study of […]
By Naomi Frim-Abrams On April 9th, the Boston University Global Development Policy Center hosted Shaheen Naseer, a Postdoctoral Researcher at the University of Oxford, as a part of the Spring 2025 Human Capital Initiative (HCI) Seminar Series. She discussed her recent work on the unintended consequences of gender-sensitive reform and leadership pipelines in Pakistan’s civil […]
By Praveena Bandara Since the beginning of this year, the US has withdrawn from the Paris Agreement, cut back on the Inflation Reduction Act (IRA) – which supported low-carbon technology (LCT) industries – and implemented staggering tariffs on its largest LCT trade partner, China. A new journal article published in Science finds that China is […]
Three members of the Boston University Global Development Policy team were appointed to the Jubilee Commission of Experts to Address Debt and Development Crises hosted by the Pontifical Academy of Social Sciences (PASS) and Columbia University’s Initiative for Policy Dialogue (IPD). Convening in 2025, it is designed to address the growing sovereign debt and development […]