Gender equality is a crucial component of successful development, yet austerity puts a disproportionate burden on women, increasing their economic vulnerability and affecting societal outcomes. Conversely, economic growth that leads to increased female labor force participation without compensatory investments in social care provisioning and better distribution of caregiving responsibilities will ultimately compromise investment and growth. […]
Dollar borrowing outside the United States has over generations grown to be very large, with US policy providing some inducement and, in critical episodes, support. In a new paper published by the Federal Reserve Bank of Atlanta’s Policy Hub, Robert N. McCauley highlights three instances where the US Federal Reserve (Fed) has backstopped markets as […]
The Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund), together with its Zimbabwean national and international stakeholders, has continued to invest in health system strengthening to improve public health in the country. These investments have been guided by system-wide strategic assessments to understand the fundamental challenge facing the Zimbabwean health system. In a […]
By Ishana Ratan On May 14, 2024, the United States Trade Representative’s office revealed a new round of tariffs on imports from China. Notably, these trade barriers impact electric vehicles (EV) and batteries, among a host of other industrial products including steel and medical devices. Tariffs on EVs will jump from 25 percent to 100 […]
By Arden Radford Access to energy is key to human development, improving health and economic outcomes as well increasing overall living standards for all individuals. However, even in countries where the majority of individuals have access to energy, there are other factors to consider, such as public health. Energy demands continue to rise, especially in […]
Indonesia remains one of the world’s largest producers of coal, both for export and domestic energy generation. A reliance on coal-fired power plants can have negative impacts on public health and increase risks of stroke, ischemic heart disease, chronic obstructive pulmonary disease and even mortality. If a group of new and large (> 1,000 MW) […]
By Rebecca Ray and Jörg Haas Without a stepwise injection of capital into developing countries, meaningful progress on addressing climate change and meeting the United Nations 2030 Sustainable Development Goals (SDGs) and the Paris Agreement targets will remain out of reach. The Group of 20 (G20) Independent Experts Group estimates that emerging market and developing […]
Overlapping global shocks faced by African countries have caused severe liquidity challenges in recent years. Many countries are currently experiencing low real gross domestic product (GDP) growth, higher inflation, exchange rate instability, balance of payments crisis and a high risk of debt distress. The most critical is the increasing disruption that climate change risks pose […]
By Daniella Luna and Samantha Igo The Spring 2024 Global Economic Governance Book Talk Series brought together four distinguished scholars with recent books, spanning India’s economic history to social protection and austerity in International Monetary Fund (IMF) programs. Ashoka Mody opened the series with a discussion on the economic history of India through the lens […]
By Rachel Thrasher On Tuesday, May 7, the Boston University Global Development Policy Center (GDP Center) hosted Alexandros Kentikelenis and Thomas Stubbs, co-authors of the new book, “A Thousand Cuts: Social Protection in the Age of Austerity,” as part of the Spring 2024 Global Economic Governance Initiative Book Talk Series. Kentikelenis is Associate Professor of […]