The emergence of China as a new economic partner for Amazon basin countries has brought benefits to South America and China alike. In less than two decades, China has become an important market for the region’s products and an essential source of finance and investment. The burgeoning relationship has granted China access to new products […]
In recent decades, the world’s largest development bank by total assets, the China Development Bank (CDB), has gained international reputation for lending massively to infrastructure projects inside and outside China. Although seemingly a typical story of state-led development, where the state channels preferential capital to selected projects, CDB, in fact, raises most of its funds […]
The GDP Center’s research on the Belt and Road Initiative was recently mentioned in a Nature article entitled, “South America is embracing Beijing’s science silk road.” Nature, May 8 2019.
The GDP Center’s research on the Belt and Road Initiative was recently mentioned in an article entitled, “BRI’s green commitment significant to global development.” Xinhua News, April 26 2019.
featuring Alvin Camba Episode 12, Belt and Road Podcast, May 2019.
According to World Bank research, about 1 billion people, roughly three times the population of the United States, still lack access to electricity. In poor countries where more sustainable electricity supply has the potential to foster higher economic growth, fossil fuel based power generation remains an attractive option. While multilateral development banks (MDBs) have ‘greened’ […]
As the world’s leading carbon emitter since 2005 and a prominent financier for coal-fired power globally, China plays a pivotal role in the global effort to address climate change. While China has begun a shift away from coal-fired power at home, it has emerged as the largest financier of overseas coal-fired power abroad. Why has […]
Energy is the lifeblood of the global economy, critical to all sectors of the economy including agriculture, transportation, waste collection, information technology and communications sources. In 2011, energy expenditures amounted to approximately 10 percent of the world gross domestic product (GDP), in which North America accounts for 20 percent, Europe for 25 percent and Japan […]
Development projects, especially extractive, hydro or forest-clearing projects, frequently generate significant opposition from their neighbors, rendering projects infeasible. EJ Atlas, the most comprehensive compilation of such conflicts, lists 2,592 instances of socio-environmental conflicts around the world. Disputes and conflict may arise from numerous topics, such as water rights and water usage, air pollution, overburden and […]
By Rebecca Ray, Kevin P. Gallagher, and Cynthia Sanborn. Global China Initiative (2019).