Category: POWER – Working Papers, Journal Articles & Reports

The Effect of Fertility Decline on Economic Growth in Africa: A Macrosimulation Model

Worldwide, both mortality and fertility rates are on the decline, with the shift occurring in Sub-Saharan Africa a few decades ago. Fertility decline occurs in the latter stages of ‘demographic transitions,’ during which countries experience declining mortality and fertility rates as they develop economically. Demographic transitions have come to be associated with socioeconomic progress, and […]

Changing Knowledge and Attitudes Towards HIV Treatment-as-Prevention and “Undetectable = Untransmittable”: A Systematic Review

Treatment-as-prevention (TasP) refers to the strategy of treating HIV-positive individuals with antiretroviral therapy (ART) to prevent sexual transmission of the disease to others. A landmark 2011 study by the HIV Prevention Trials Network that monitored transmission amongst mixed HIV status couples (in which one partner was HIV-positive and one HIV-negative) provided conclusive evidence that ART […]

Gaps in Knowledge of HIV Treatment-as-Prevention Hinder Disease Control

By Emanne Khan Antiretroviral therapy (ART) not only extends the lives of people with HIV. It also prevents sexual transmission of the virus. However, knowledge of ART’s impact on transmission has been slow to gain mainstream understanding and traction.  In 2011, the HIV Prevention Trials Network (HPTN)-052 study received results from a trial of 1,763 […]

Trading Away Industrialization? Contexts and Prospects of the EU-MERCOSUR Agreement

The EU-MERCOSUR free trade agreement (FTA) has yet to take effect, but would represent the largest trade deal for both blocs in terms of number of citizens involved. While previous studies have made projections for the FTA’s impacts, none of the past projections have taken adverse trends in employment, wage inequality and productivity growth among […]

The Eurozone’s Evolving Fiscal Ecosystem: Mitigating Fiscal Discipline by Governing Through Off-Balance-Sheet Fiscal Agencies

The original Maastricht regime designed the Eurozone’s fiscal segment in a way that sought to keep member states’ treasury budgets balanced by disciplining them through market forces, reducing the overall volume of public indebtedness, prohibiting monetary financing and avoiding situations where the Eurozone treasuries would bail each other out. In a new journal article, Andrei […]

Future Trade & Investment: US-Kenya FTA and Safeguarding Public Health

The United States has free trade agreements (FTAs) with about 20 countries, including Mexico, Canada, Colombia, South Korea, Morocco and others. Negotiations for a new US FTA with Kenya are currently underway, with talks beginning in July 2020 and scheduled to conclude by the end of 2021. Due to the COVID-19 pandemic, most of the […]

Bailouts From Beijing: How China Functions as an Alternative to the IMF

Since China began lending large quantities of money to the Global South in the mid- 2000s, suspicions have swirled that these loans compete with the International Monetary Fund (IMF), offering comparable amounts of money in exchange for very different promises. Whereas the IMF conditions its loans on commitments to economic reform, China typically lends for […]

The Hierarchy of the Offshore US-Dollar System: On Swap Lines, the FIMA Repo Facility and Special Drawing Rights

While it has become common to regard the international monetary system as hierarchical, the nature, shape and origin of this hierarchy often remain vague.  Taking on board insights of critical macro-finance, this study from the Global Economic Governance Initiative at the Global Development Policy Center conceptualizes international monetary hierarchy by focusing on different mechanisms to […]

How Trade Policy Failed US Workers – And How to Fix it

A new report from the Global Development Policy Center in collaboration with the Groundwork Collaborative and the Institute for Policy Studies examines U.S. trade policy and performance in the Trump and COVID-19 era. The report examines U.S. trade policy prior to the pandemic and reveals an approach heavily focused toward the interest of the financial sector […]