In a new journal article published in Science, research by Blake Alexander Simmons, Rebecca Ray, Hongbo Yang and Kevin P. Gallagher explores opportunities for China to alleviate debt burdens in exchange for debtor nation commitments to climate change mitigation and/or adaptation and environmental protection through “debt-for-climate” and “debt-for-nature” swaps. Many developing countries are experiencing mounting […]
The role for the state versus the market has been a topic of great debate since the age of Louis XIV. While free enterprise and competition can foster great innovation, the unfettered state has also been host to many excesses. What is the right balance between free markets and state support? Join Boston University’s Global Development Policy […]
Can China implement debt-for-nature and debt-for-climate swaps to protect the environment and reduce global debt? Join Boston University’s Global Development Policy (GDP) Center and special guests Carlos Larrea and Shuang Li for a webinar discussion and interactive launch on Wednesday, Feb. 3, 2021. As the triple crises of climate change, debt and COVID-19 converge and […]
In the new book “Development Banks and Sustainability in the Andean Amazon,” authors Rebecca Ray, Kevin P. Gallagher, and Cynthia A. Sanborn explore what development banks, governments, and communities have learned in the last decade of careful negotiation between social and environmental protections in the Andean Amazon, and the pressures of surging infrastructure and the boom […]
By Xinyue Ma & Jake Werner The current debt sustainability framework and indicators employed by international financial institutions may be concealing as much as they reveal. The core of today’s World Bank–International Monetary Fund (IMF) debt sustainability framework is a set of debt ratio thresholds associated with the quality of a country’s policies and institutions, […]
By Katie Gallogly-Swan On Friday, December 11, the Global Development Policy (GDP) Center co-hosted a webinar with the South Centre on ‘Guaranteeing Access to Medicines: Reforming Trade and Investment Treaties in the COVID-19 Era,’ featuring Carlos Correa, Executive Director of the South Centre; Mustaqeem de Gama, Counsellor at the South Africa World Trade Organization (WTO) […]
By Kevin P. Gallagher & Rebecca Ray With the release of the new interactive China’s Overseas Development Finance (CODF) Database this past week, a number of analyses and takes have been offered on the data. In this post, we make three clarifying points on the scope and findings of our data: 1. What does it […]
By Maureen Heydt On Thursday, December 10, the Global Development Policy (GDP)Center hosted a webinar launch event for the new interactive China’s Overseas Development Finance (CODF) Database, featuring GDP Center Director Kevin P. Gallagher, Senior Academic Researcher Rebecca Ray, and Post-Doctoral Research Fellow, Blake Alexander Simmons. The CODF Database is the first global, harmonized, validated, and geolocated […]
Chinese policy banks provided close to half a trillion dollars in development finance to foreign governments from 2008—2019. This new interactive database allows users to examine the geolocation of China’s overseas development projects and to explore their proximity to indigenous people’s lands, critical habitats, and national protected areas. The interactive China’s Overseas Development Finance Database […]
Eight months into COVID-19, what is the status of the international investment regime and access to essential medicines? The GDP Center’s Working Group on Trade and Access to Medicines will host a panel discussion on trade, investment regime, and access to essential medicines. The event is co-sponsored by the South Centre, the intergovernmental organization of […]