If global warming is to be kept below 1.5C, states need to rapidly phase out fossil fuels. But government efforts to limit fossil fuels, such as cancelling pipelines and denying drilling permits, will impact asset holders and demands for compensation will ensue. When assets are protected by international investment treaties, legal claims can be brought […]
By Md. Deen Islam and Rachel Thrasher In November 2021, the United Nations approved Bangladesh to graduate from Least Developed Country (LDC) status by 2026. An LDC graduation reflects a country’s economic strength and resilience to various types of financial and climate shocks and highlights the extent of economic and social progress achieved by the […]
In 2021, the United Nations Committee on Development Policy adopted a resolution that Bangladesh would graduate from least developed country (LDC) status after a period of five years. As a result, Bangladesh will have to forego its exemption to intellectual property (IP) provisions of the World Trade Organization (WTO) by 2026. As an LDC, Bangladesh […]
Despite its carbon neutrality commitments and the prospect of increasingly stringent climate policy measures, China is continuing to build new coal-fired power plants domestically. Amid a changing energy market, what is the expected economic performance of these investments after they are completed? In a new journal article published in Climate Policy, Alex Clark, Philippe Benoit and […]
By Yudong (Nathan) Liu As part of the Spring 2022 Global China Research Colloquium, the Boston University Global Development Policy (GDP) Center hosted a virtual discussion with University of Indonesia researchers Albertus Hadi Pramono, Masita Dwi Mandini Manessa, Mochamad Indrawan and Dwi Amalia Sari on conducting a spatial environmental assessment of select Belt and Road […]
The Global Financial Safety Net (GFSN) refers to the set of institutions on the global, regional and bilateral level that provide balance of payments finance to countries in temporary financial distress. The GFSN has expanded tremendously in recent years, yet, this increase in resources has been accompanied by deepening structural and geographical inequalities in the […]
Private governance—the enactment of state-like governance functions by non-state actors—has come to challenge the role of the state in an increasingly complex global governance landscape. The rise of private standards has fueled debates over the role and effectiveness of private authority compared to public regulation. This debate relates to sustainability transitions, as the United Nations […]
By Lara Merling On April 11, the Boston University Global Development Policy Center co-hosted a panel as part of the 2022 International Monetary Fund (IMF) and World Bank Spring Meetings Civil Society Policy Forum. The panel, featuring global experts and advocates, explored the IMF’s proposal to establish a Resilience and Sustainability Trust (RST) as a […]
By Kate Chi On Thursday, April 21, the Boston University Global Development Policy (GDP) Center hosted the third webinar in the Spring 2022 Global Economic Governance Book Talk Series. The talk featured Isabella Weber, Assistant Professor of Economics at the University of Massachusetts, Amherst and author of How China Escaped Shock Therapy: The Market Reform […]
By Oyintarelado (Tarela) Moses and Jyhjong Hwang The 2022 update to the Chinese Loans to Africa (CLA) Database, managed by the Boston University Global Development Policy (GDP) Center, recorded 11 new loan commitments worth $1.9 billion from Chinese lenders to African government borrowers in 2020. This low amount, not seen since the mid-2000s, is down […]