By Rachel Thrasher The growth of Bangladesh’s pharmaceutical sector into an economic powerhouse has helped the country meet the necessary criteria for graduation from Least Developed Country (LDC) status. But upon graduation, the country will need to begin bringing its policy landscape into compliance with the trade and intellectual property rules at the World Trade […]
Bangladesh is one of the few Least Developed Countries (LDCs) that has been able to gain a foothold in the global medicines market, which is characterized by significantly high entry barriers compared to other traded goods. Policies implemented by the Bangladesh government have strengthened its pharmaceutical sector, but to what extent would Bangladesh have been […]
The Global Development Policy Center and the G-24 will be hosting jointly a Webinar on “Collective Action Clauses in Motion: Lessons and Challenges for Covid-19 Era Sovereign Debt Restructurings” on Tuesday, August 18, 2020 at 12:00 pm to 1:15 pm EST. To register, click here: bit.ly/3iGX2gx
GEGI Working Paper 041. August 2020. by Robert N. McCauley The Federal Reserve interventions in private securities markets in the spring of 2020 extended its 2008 playbook from buying high quality short-term paper to bonds, and departed from it by buying junk bonds. In March 2020, the Fed reprised its last-resort lending to primary dealers, […]
It is a convention to say that the Eurozone architecture is ill-constructed and deficient. However, monetary architecture is not a well-defined term in monetary theory, and there is no consensus what the Eurozone architecture is beyond being a metaphor. By combining insights from the research strand of (critical) macro-finance, a study from Steffen Murau develops […]
To meet the targets of the Paris Agreement, the future of global economic policy must be inextricably linked to progressive considerations of climate change. A newly published article by Matthew C. Porterfield, Kevin P. Gallagher (BU GDPC Director) & Judith Claire Schachter establishes a strong causality between trade policy and climate change particularly in the United […]
There is a sense of urgency in emerging market and developing countries, and Latin America in particular, for international development banks to generate a pipeline of infrastructure projects to reboot lagging economies and meet broader sustainable development goals. In meeting those goals, it is also important to ensure such efforts are socially inclusive and environmentally […]