By Rachel Thrasher Scientists from the Texas Children’s Hospital Center for Vaccine Development and Baylor College of Medicine have developed a new COVID-19 vaccine based on well-known, easy-to-use technology, cheap to produce and relatively easy to store. Drawing from just $7 million in investor funds over the past two years, Peter J. Hotez and Maria […]
For individuals diagnosed with HIV, the prospect of starting treatment can be daunting. Antiretroviral therapy (ART), the main method of treating HIV in order to reduce patients’ viral loads and alleviate symptoms, typically involves a combination of three or more medications taken on a daily basis. However, new evidence suggests HIV treatment need not be […]
By Yangsiyu Lu Industrial policy has been applied as a tool of state intervention in governing economic development in many East Asian countries after World War II. However, the basic argument that it is difficult for the government to “pick winners” makes adopting industrial policy a very disputable issue among policymakers and academics. Despite its […]
By Katie Gallogly-Swan On Thursday, January 20, the Boston University Global Development Policy (GDP) Center and the United Nations Conference on Trade and Development (UNCTAD) co-hosted a webinar book launch of ‘The Case for a New Bretton Woods’, authored by GDP Center Director, Kevin P. Gallagher, and Richard Kozul-Wright, Director of UNCTAD’s Globalization and Development […]
China has played a significant role in enabling overseas coal-fired power plant development through the provision of capital and construction services. Following Xi Jinping’s announcement in September 2021 that China would no longer build new coal-fired power projects abroad, the potential scope of affected capacity remains unclear. In a new World Development Perspectives article, Cecilia […]
By Ying Qian and Yan Wang Zhou Chengjun, Director of the Financial Research Institute of the People’s Bank of China, delivered a speech entitled “Building the Shanghai Model of Sovereign Debt Restructuring” at the fourth China International Finance 30 Forum held in Shanghai on May 29-30, 2021. His discussion centered on ideas for sovereign debt […]
The Paris Agreement’s nationally driven structure places the spotlight on financing strategies at the national level. The role of national funding vehicles in mobilizing climate finance, however, has not received extensive attention. In a new journal article published in Climate Policy, Rishikesh Ram Bhandary remedies this gap by introducing a novel dataset of national climate […]
As countries committed to keep warming well below 2° Celsius, with efforts to limit warming to 1.5° Celsius in the Paris Agreement, investments in the construction of coal-fired power plants have come into the spotlight. China’s policies and actions in financing coal-fired power plants overseas have received much attention in recent years after major international […]
By Rebecca Ray On Thursday, January 13, the Boston University Global Development Policy (GDP) Center and the Organisation for Economic Cooperation and Development (OECD) Development Centre hosted a webinar discussion on the potential for using debt-for-climate swaps as an innovative solution to the twin crises of climate change and debt distress. The discussion consisted of […]
Amid the devastation of World War ll, the United Nations Monetary and Financial Conference convened in Bretton Woods, New Hampshire with the goal of designing an interdependent economic architecture for mutual prosperity. Based on a set of common principles of peace, equity and employment, the International Monetary Fund (IMF) and precursors to the World Bank […]