Por Pedro Perfeito da Silva e Marina Zucker-Marques A expansão das FinTechs—inovações tecnológicas em serviços financeiros—está mudando a forma como pessoas e empresas poupam, investem, realizam pagamentos, acessam crédito, e gerenciam suas finanças. Enquanto estudos destacam o potencial das FinTechs para promover inclusão financeira e eficiência, elas também criam novos riscos para países em desenvolvimento, […]
By Pedro Perfeito da Silva and Marina Zucker-Marques The spread of FinTech—technology-driven innovation in financial services—is changing how people and businesses save, invest, make payments, access credit and manage their finances. While studies highlight FinTech’s potential to promote financial inclusion and efficiency, it also creates new risks for developing countries, from financial instability to currency […]
Since the crisis of the Bretton Woods order, capitalist economies have experienced a pervasive impulse to financialization, characterized by the growing importance of financial practices and motives alongside the dissemination of market reforms such as the removal of capital controls and the erosion of financial regulation. Beside the negative implications for growth and income distribution, […]
By Akanksha Goyal The Boston University Global Development Policy Center (GDP Center) is pleased to present the 2024-2025 cohort of Global Economic Governance Fellows. These six outstanding scholars join the GDP Center from various backgrounds and universities, including the University of Oxford, American University and Syracuse University. They have completed or are completing doctoral degrees […]
By Samantha Igo On Tuesday, July 30, the Boston University Global Development Policy Center (GDP Center) hosted a webinar titled, “Are We Out of the (Bretton) Woods Yet? The International Financial Architecture 80 Years On.” The discussion reflected on 80 years of the Bretton Woods institutions, citing a new flagship report that synthesizes the GDP […]
By Mridhu Khanna On Tuesday, February 27, the Boston University Global Development Policy Center (GDP Center) hosted Ashoka Mody, Boston University alum and Charles and Marie Robertson Visiting Professor in International Economic Policy at Princeton University, for the first event of the Spring 2024 Global Economic Governance Book Talk series. In discussion with Neva Goodwin, […]
By Rachel Thrasher From February 26-29 in Abu Dhabi, United Arab Emirates, member states of the World Trade Organization (WTO) will meet for the 13th Ministerial Conference (MC13). Like many international institutions, the WTO faces the challenge of meeting its original mandate amid multiple global crises, and MC13 presents a vital opportunity for trade ministers […]
By Tim Hirschel-Burns After several years characterized by a pandemic, multiple wars and mounting climate impacts that jolted the global order, 2023 was the year when calls for international financial architecture reform went mainstream. The World Bank entered evolution mode, the United Nations (UN) Secretary General called for “a new Bretton Woods moment,” and the […]
The rapid growth in stablecoin issuance and the recent testing of stablecoins’ par settlement promises has provoked a flurry of papers proposing various forms of regulation and alternatives, from various vantage points. However, how do stablecoins hold up from the vantage point of the money view, which focuses attention on the mechanism of settlement and […]
By Sayuri Kataoka The Boston University Global Development Policy (GDP) Center is pleased to present the 2023-2024 cohort of Global Economic Governance Fellows. These four excellent scholars join the GDP Center from various backgrounds and universities, including Stony Brook University, American University and Syracuse University. They have or will be completing doctoral degrees in disciplines […]