By Akanksha Goyal The Think20 (T20) is an engagement group of the Group of 20 (G20) that seeks to convene think tanks and research centers from G20 members, guest countries and organizations in order to provide evidence-based research to support policymaker decisions in the G20. As a busy fall policy season kicks off this month […]
In a world of unprecedented challenges and opportunities, financial technology (fintech) stands as a pivotal force, at the crossroads of technology, finance and sustainability. In a new book published by Springer, “The FinTech Revolution: Bridging Geospatial Data Science, AI and Sustainability,” Sucharita Gopal and Josh Pitts examine the forefront of a revolutionary convergence, where economic […]
By Angie Ye On Wednesday, September 4, the Boston University Global Development Policy Center (GDP Center) hosted a webinar discussion on the latest data and insights from the Chinese Loans to Africa (CLA) Database. Moderated by Rebecca Ray, Senior Academic Researcher with the Global China Initiative (GCI), the webinar featured a presentation by Lucas Engel, […]
By Maureen Heydt Rachel Brulé, Associate Director of the Human Capital Initiative (HCI), Associate Professor of Global Development Policy with the Pardee School of Global Studies and 2024-2025 SAGE Sara Miller McCune Fellow at the Center for Advanced Study in the Behavioral Sciences (CASBS) at Stanford University has been awarded a US National Science Foundation […]
By Daniel Bradlow, Marina Zucker-Marques and Kevin P. Gallagher Many developing countries are experiencing what the World Bank has termed the “silent” sovereign debt crisis. It is silent because the international community has seemingly been hoping the creeping crisis will resolve itself on its own without ambitious intervention. Fifty-four countries are spending more than 10 […]
By Zara C. Albright Between 2008-2019, Latin American (LAC) countries borrowed $132 billion from Chinese development finance institutions (DFIs) and $155 billion from the World Bank, including its International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) windows. Figure 1 illustrates the region’s borrowing patterns; LAC countries have consistently borrowed higher numbers […]
The global financial system has been facing a series of challenges, including high levels of indebtedness, climate shocks, inflation and higher-for-longer interest rates. Many in response have called for the international financial architecture to ensure a more equitable and resilient Global Financial Safety Net (GFSN), or the set of institutions tasked with providing emergency liquidity […]
By Julia DeAngelo There is a wealth of information on the mental health challenges across the globe. Whether global prevalence rates, specific population variations, differing access to mental health services, or the impacts of global or local events are being examined, there is great, documented need for mental health support. Depending upon the situation, a […]
The International Monetary Fund (IMF) levies surcharges, or extra fees, on member countries that either draw “substantial” amounts of IMF credit to mitigate the balance of payments constraints or maintain their credit exposure with the institution for sufficiently long periods. Reportedly designed to discourage the overuse of Fund resources and ensure the IMF’s financial soundness, […]
In April 2022, the International Monetary Fund (IMF) established the Resilience and Sustainability Trust (RST), its first lending facility to provide longer-term concessional financing to low- and middle-income countries to help tackle key structural challenges such as climate change and pandemic preparedness. The RST is resourced through voluntary re-channeling by Group of 20 (G20) countries […]