{"id":14997,"date":"2015-01-08T18:46:51","date_gmt":"2015-01-08T23:46:51","guid":{"rendered":"https:\/\/www.bu.edu\/pardeeschool\/?p=14997"},"modified":"2021-02-04T10:16:05","modified_gmt":"2021-02-04T15:16:05","slug":"gallagher-says","status":"publish","type":"post","link":"https:\/\/www.bu.edu\/pardeeschool\/2015\/01\/08\/gallagher-says\/","title":{"rendered":"Gallagher: Chinese Banks Will Learn Defaults in Latin America"},"content":{"rendered":"<p><a href=\"\/pardeeschool\/files\/2015\/01\/gallagher-resized.jpg\"><img loading=\"lazy\" src=\"\/pardeeschool\/files\/2015\/01\/gallagher-resized-515x300.jpg\" alt=\"gallagher resized\" width=\"515\" height=\"300\" class=\"size-medium wp-image-15000 alignright\" \/><\/a><a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">Kevin Gallagher,<\/a> associate professor of International Relations at the <a href=\"https:\/\/www.bu.edu\/pardeeschool\">Frederick S. Pardee School of Global Studies at Boston University<\/a> said that Chinese financial institutions will become accustomed to default cycles as they strengthen their ties with Latin America.<\/p>\n<p>The remarks were made in the <a href=\"http:\/\/www.ft.com\">Financial Times<\/a> on Jan. 8 in the article <a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/85ae672e-96e6-11e4-922f-00144feabdc0.html?siteedition=uk#axzz3OHDRdJ3o\">&#8220;China&#8217;s Courtship of Latin America Tested.&#8221;<\/a><\/p>\n<p>In the article, Gallagher says:<\/p>\n<blockquote><p>&#8220;China\u2019s state-owned banks and companies are relative newcomers to the world of international finance and investment, and have never experienced the boom-bust cycles familiar to long-term investors in Latin America.<\/p>\n<p>\u201cEveryone is watching to see how they deal with defaults. The Chinese have not experienced it yet,\u201d says Boston University\u2019s Kevin Gallagher.&#8221;<\/p><\/blockquote>\n<p>The article was translated into Spanish for the <a href=\"http:\/\/www.milenio.com\/financial_times\/FTMercados-China-America_Latina-economia_China_0_445755628.html\">Mexican media outlet <em>Milenio.<\/em><\/a><\/p>\n<p>Gallagher is the coordinator of Boston University\u2019s\u00a0<a href=\"https:\/\/www.bu.edu\/pardeeschool\/academics\/faculty\/gdp\/\">Global Development Policy Program<\/a>.\u00a0 He is a faculty fellow at BU\u2019s\u00a0<a href=\"https:\/\/www.bu.edu\/pardeeschool\/academics\/faculty\/pardee\/\">Frederick S. Pardee Center<\/a>\u00a0for the Study of the Longer-Range Future where he leads the\u00a0<a href=\"http:\/\/www.bu.edu\/pardee\/research\/global-economic-governance-2\/\">Global Economic Governance Initiative<\/a>.<\/p>\n<p>Gallagher is also a research associate at the\u00a0<a href=\"http:\/\/www.ase.tufts.edu\/gdae\/policy_research\/globalization.html\">Global Development and Environment Institute<\/a>\u00a0of Tufts University and at the\u00a0<a href=\"http:\/\/www.peri.umass.edu\/\">Political Economy Research Institute<\/a>\u00a0of the University of Massachusetts, Amherst.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kevin Gallagher said that Chinese financial institutions will become accustomed to default cycles as they strengthen their ties with Latin America.<\/p>\n","protected":false},"author":2094,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[8410],"tags":[8802,1688,8490,1362,1810],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/14997"}],"collection":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/users\/2094"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/comments?post=14997"}],"version-history":[{"count":6,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/14997\/revisions"}],"predecessor-version":[{"id":15172,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/14997\/revisions\/15172"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/media?parent=14997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/categories?post=14997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/tags?post=14997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}