Gallagher Awarded Research Grant
Kevin Gallagher, Associate Professor of Global Development Policy at the Frederick S. Pardee School of Global Studies at Boston University, has been awarded a two-year research grant from the Rockefeller Brothers Fund.
The grant is awarded to the Global Economic Governance Initiative (GEGI), of which Gallagher is a co-director.
“We are very grateful that the Rockefeller Brothers Fund has agreed to support GEGI’s programs in this area,” said Gallagher. “Global economic governance is changing at a rapid pace, and it is paramount to ensure that such changes support financial stability, human development, and the environment.”
Gallagher and his colleagues will use the grant to study the implications of what are perhaps the two most significant developments in global economic governance—the increasing number of new development banks and funds being developed by China on the one hand, and the proliferation of trade and investment treaties being negotiated by the United States. GEGI will particularly focus on the extent to which these institutions and treaties support financial stability, human development, and the environment.
“Globalization—the dramatic increase in cross-border flows of capital, goods, and people and their values and ideas—is producing deeper interdependencies and changes in power relations. It is a defining process of the 21st century, offering both challenges and opportunities,” says the Fund in its description of the grant in question. “In its work to strengthen democracy in global governance, the Fund focuses on the areas of climate change, development finance, and trade.”
According to documents from the Rockefeller Brothers Fund, GEGI was selected for the award to ‘provide empirically grounded, timely analysis that can inform and support advocacy for greater democracy in economic integration and financial institution policy.’
The Global Economic Governance Initiative (GEGI) is a research program of the Center for Finance, Law & Policy, the Frederick S. Pardee Center for the Study of the Longer-Range Future, and the Frederick S. Pardee School of Global Studies. It was founded in 2008 to advance policy-relevant knowledge about governance for financial stability, human development, and the environment. Learn more here.
Gallagher has written, edited or co-edited a number of books, including Ruling Capital: Emerging Markets and the Reregulation of Cross-Border Finance, Rethinking Foreign Investment for Sustainable Development: Lessons from Latin America (with Daniel Chudnovsky) and Putting Development First: the Importance of Policy Space in the WTO and IFIs. He is co-editor of the Review of International Political Economy and writes regular columns in the Financial Times and the Guardian. Learn more about him here.