By Anastasiia Arbuzova In rapidly urbanizing cities like Addis Ababa, transport infrastructure serves as a crucial foundation for economic growth, social connectivity and overall quality of life. However, the benefits and challenges of mobility are not experienced equally across all segments of society. Women, who often carry responsibilities for housework, caregiving and work, face unique […]
By Rishikesh Ram Bhandary and Tim Hirschel-Burns The importance of debt sustainability has come to the fore as countries around the world grapple with high debt burdens, which are capacity of governments to invest in climate action, and high costs of borrowing, even after the recent lowering of the interest rate by the US Federal […]
Developing countries need to invest heavily to transform their economies to achieve sustainable development and address climate change, but they are falling behind in the shift to clean energy, enhancing adaptation and resilience, addressing loss and damage, and restoring nature. To meet these policy goals, debt sustainability analyses (DSAs) conducted by the International Monetary Fund […]
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 […]