Gallagher in FT on China’s Lending Protocols
Kevin Gallagher, Professor of Global Development Policy at the Frederick S. Pardee School of Global Studies at Boston University, was recently interviewed on the re-evaluation of the unorthodox lending protocols that have characterized China’s global financial diplomacy.
Gallagher was quoted in an October 13, 2016 article in the Financial Times entitled “China Rethinks Developing World Largesse as Deals Sour.”
From the text of the article:
“When commodity prices were high, the Chinese policy banks saw all these loans as great investments to help Chinese firms go global, to diversify their foreign exchange reserves and make new friends,” says Kevin Gallagher, professor of global development policy at Boston University’s Pardee School for Global Studies. “Now a lot of it just looks a lot like risk and they are rapidly working to do better due diligence.”
You can read the entire article here.
Kevin Gallagher is the co-chair of the Task Force on Regulating Capital Flows and has served as an advisor to the Department of State and the Environmental Protection Agency in the United States, as well as to the United Nations Conference on Trade and Development. Gallagher has been a visiting or adjunct professor at the School for Advanced International Studies at Johns Hopkins University, the Fletcher School of Law and Diplomacy; El Colegio de Mexico in Mexico; Tsinghua University in China, and the Center for State and Society in Argentina.