By Katie Gallogly-Swan After much anticipation of the post-Trump era of international cooperation on the multiple crises the world is facing, the meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG) on February 26th took place with little fanfare, but notable progress. Mantras of the importance of multilateralism and cooperation were roundly repeated, […]
The development of multiple viable vaccines to eradicate the COVID-19 pandemic in less than a year was an incredible scientific achievement, which is now undermined by severe vaccine inequality. An inequitable vaccination program could prolong the pandemic for many years through cycles of mutation, resistance, and reinfection and will cost the global economy an estimated […]
By Luma Ramos Worldwide, nations face challenges to finance stable, inclusive, and green structural transformation. Even before the COVID-19 crisis, economies had to create strategies and mobilize resources to fill the existing investment gap. Over the past decade, financial institutions in the Global South have pushed to channel their resources to meet their own needs. […]
On Weds., Feb. 24, the Global Development Policy (GDP) Center and the Inter-American Dialogue (IAD) hosted a webinar discussion to highlight new research on Chinese overseas development lending to both global energy projects and Latin America and the Caribbean (LAC). The webinar covered updates to two different interactive databases, both with supporting policy materials: China-Latin […]
In the wake of the Asian Financial Crisis, East Asia’s efforts to enhance regional financial cooperation raised the possibility of East Asia playing a more assertive role in global financial governance. However, despite the region’s increased voice in governance and economic weight, East Asian financial systems and markets have mostly adapted to global norms developed […]
Job Description This is a newly created position to help convene and incubate a global Task Force on Financing a Green and Inclusive COVID-19 Recovery. The role’s primary focus is to assist in setting and implementing the strategic research and policy agenda for a portfolio of projects in Global Economic Governance Initiative (GEGI) as directed […]
This is a newly created position to help convene and incubate a global Task Force on Financing a Green and Inclusive COVID-19 Recovery. This is a 12-month position with the potential of renewal. The Communications & Outreach Associate supports the operations for strategic communications and outreach programs for the task force. This role reports the […]
By Jessica DiCarlo While investment in infrastructure offers certain benefits, it also poses social, environmental, and human rights risks—such as pollution, displacement, loss of livelihoods, or various modes of insecurity. As more countries turn to China for development and infrastructure finance, the question of how Chinese institutions will improve and ensure social and environmental safeguards […]
Since the late 1950s, the world has come to use the US dollar to an extent that justifies speaking of the dollar’s global domain. In a new journal article published in the Atlantic Economic Journal, Global Development Policy Center Non-Resident Senior Fellow Robert McCauley contends that the global role of the dollar remains large and suffers […]
In a new working paper, Global China Initiative Fellow Yunnan Chen examines the railway sector in Ethiopia and discusses the implications of local decision-making on technology, skills transfer, and Chinese contractors. Following the international surge of Chinese capital and companies in the last decade and the rise of the Belt and Road Initiative, many African […]