By Ember Larregui On Friday, April 9th, the Boston University Global Development Policy (GDP) Center, in partnership with the United Nations Conference on Trade and Development (UNCTAD) hosted a webinar discussion on the role of multilateralism in combating climate change with climate finance, just recoveries and a Global Green New Deal, as part of the […]
Climate and environmental breakdown demand urgent and coordinated action across borders. Such action requires new global norms and rules that allow national autonomy while converging toward shared goals to deliver rising living standards for all people without further damaging our ecosystems. This will only happen by confronting and contesting the furies of hyper-globalization: the beneficiaries […]
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. […]
Even before the COVID-19 crisis, it was clear the global economy needed a reset and a massive increase in public investment. In the last decade, it is no exaggeration to say that the leadership for this has come from the South – as Southern-owned development banks, infrastructure funds, foreign exchange reserve funds and sovereign wealth […]
For a long time, the world followed a version of multilateralism that permitted nations to regulate international markets and pursue strategies for equitable development. While this system aimed for a more value-driven and rules-based global economy in the aftermath of the Great Depression as well as the defeat of Fascism, the structure began to fall […]
The multilateral system is in crisis. After years of accentuating financial instability, inequality, and climate change, the system is now under attack on all fronts and may be pushed to the limit by the actions of the United States. In late 2018 and early 2019, the Boston University Global Development Policy Center partnered with the […]