By Tim Hirschel-Burns The highly anticipated Fourth International Conference on Financing for Development (FFD4) will take place from June 30 to July 3 in Seville, Spain. Achieving the UN 2030 Sustainable Development Goals (SDGs) requires funding that is in short supply in developing countries, and the FFD process is designed to help facilitate a global […]
The Global Financial Safety Net (GFSN) is a set of institutions and mechanisms that provide insurance against crises and financing to mitigate their impacts. It has four main elements: countries’ own international reserves; bilateral swap arrangements whereby central banks exchange currencies to provide liquidity to banking systems; regional financial arrangements (RFAs) by which countries pool […]
Por Tim Hirschel-Burns y Rachel Thrasher Estamos viviendo un momento de tensión en la política comercial de Norte América. En los últimos meses, el presidente de los Estados Unidos Donald Trump ha anunciado y luego ha pausado la aplicación de varios aranceles a Canadá y a México. A su vez, ambos países han amenazado con […]
In many ways the African continent has been poised for take-off. The continent is home to many of the key ingredients for a successful 21st century economy with 60 percent of the world’s solar resources, 30 percent of proven transition mineral reserves and enough wind potential to provide the entire continent enough electricity to meet […]
Por Julie Radomski, Zara Albright y Rebecca Ray Mientras los líderes de América Latina y el Caribe (ALC) se preparan para el próximo Foro China-CELAC (Comunidad de Estados Latinoamericanos y Caribeños) en Pekín, esta reunión debe ser entendida menos como un lugar para anunciar nuevos compromisos importantes y más como una continuación de los diálogos […]
Three members of the Boston University Global Development Policy team were appointed to the Jubilee Commission of Experts to Address Debt and Development Crises hosted by the Pontifical Academy of Social Sciences (PASS) and Columbia University’s Initiative for Policy Dialogue (IPD). Convening in 2025, it is designed to address the growing sovereign debt and development […]
By Kofi Gunu, Marina Zucker-Marques and Rishikesh Ram Bhandary On March 28, 2025, Myanmar suffered a magnitude 7.7 earthquake, which caused devastating loss of life and property. Current reports put the death toll over 3,400, with 4,671 injured and 214 missing. As survivors continue to tally up the damage from this shock, this much is […]
By Cornel Ban and Xuan Li In most Western economies, venture capital (VC) is largely a private enterprise, driven by the pursuit of profit. The state typically plays a secondary role, stepping in only when private capital is hesitant. Government VC firms fill this gap, providing risk capital to innovative startups and fueling Mazzucato-style “missions.” […]
The current international financial architecture is misaligned with the United Nations 2030 Sustainable Development Goals and the Paris Agreement. External financing flows to emerging market and developing economies, excluding China, need to increase by at least $1 trillion annually by 2030, but the highest level in the past decade was roughly one-third of what is […]
By Tim Hirschel-Burns Financing for Development Conferences – the chief event in the United Nations (UN) system on mobilizing the resources needed to achieve development – don’t come around very often: a decade ago in Addis Ababa, negotiators produced the Addis Ababa Action Agenda, which offered a comprehensive framework to guide development policymaking over the […]