By Oyintarelado Moses, Ishana Ratan and Lucas Engel From 2008-2021, China’s development finance institutions (DFIs), China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM), provided approximately $500 billion in overseas development finance (ODF), an amount nearly on the scale of World Bank lending during the same time period. The Boston University Global Development […]
By Maureen Heydt The Boston University Global Development Policy Center (GDP Center) is pleased to announce the second cohort of Human Capital Initiative (HCI) Core Faculty Program. These seven full-time BU faculty members represent diverse departments across the University, including the Departments of Global Health and Epidemiology, Sociology, Economics, Health Sciences and the Pardee School […]
While Latin America’s development bank, Fondo Latinoamericano de Reservas (the Latin American Reserve Fund, or FLAR) went largely unnoticed for much of the 20th century, it has evolved considerably during its more than four decades in operation. It began as a small reserve pooling arrangement for Andean countries and now occupies a vital role as […]
By Tim Hirschel-Burns On Tuesday, December 12th, the Boston University Global Development Policy Center (GDP Center) hosted a webinar titled, “A Crisis of Confidence? Reestablishing the Legitimacy of the International Monetary Fund and the Global Financial Safety Net.” The discussion covered quota reform at the International Monetary Fund (IMF), the newly updated Global Financial Safety […]
The Global China Initiative (GCI) manages a suite of five interactive public databases that collectively track hundreds of billions of dollars in Chinese loans and investment to a variety of sectors, including energy and other infrastructure development. GCI manages and updates these databases in a bid to provide transparent information to aid research, education, policymaking, journalism and […]
By Sayuri Kataoka and Samantha Igo The International Monetary Fund (IMF) is scheduled to conclude its 16th General Review of Quotas this month, a process designed to bring the IMF’s governance system in light with current realities of the global economy. The IMF’s quota system determines the financial contribution of member countries, the distribution of […]
The year 2023 is coming to a close as emerging market and developing economies continue to experience economic headwinds in the form of higher-for-longer interest rates, the ongoing ramifications of the COVID-19 pandemic and Russia’s war in Ukraine and accelerating climate change. In reflecting on the end of the year and the start of another, […]
By Sayuri Kataoka and Claire Paul The Fall 2023 Global Economic Governance Book Talk Series convened five distinguished scholars with recent books on topics ranging from Active Non-Alignment in Latin America to the political economy of sovereign debt default and more. The Global Economic Governance Initiative (GEGI) advances policy-oriented research to align global economic governance […]
By Sayuri Kataoka Initial optimism regarding the potential of social media to act as “liberation technologies” has been tempered by the efficacy with which repressive regimes have exerted their control over such platforms. The efforts to limit citizen access to social media are widespread – whether through a ban on access to particular platforms, wholesale […]
By Tim Hirschel-Burns After several years characterized by a pandemic, multiple wars and mounting climate impacts that jolted the global order, 2023 was the year when calls for international financial architecture reform went mainstream. The World Bank entered evolution mode, the United Nations (UN) Secretary General called for “a new Bretton Woods moment,” and the […]