{"id":30106,"date":"2017-09-25T10:11:35","date_gmt":"2017-09-25T14:11:35","guid":{"rendered":"https:\/\/www.bu.edu\/pardeeschool\/?p=30106"},"modified":"2021-02-03T16:46:36","modified_gmt":"2021-02-03T21:46:36","slug":"gallaghers-global-policy-article-one-of-2016s-most-cited","status":"publish","type":"post","link":"https:\/\/www.bu.edu\/pardeeschool\/2017\/09\/25\/gallaghers-global-policy-article-one-of-2016s-most-cited\/","title":{"rendered":"Gallagher&#8217;s <i>Global Policy<\/i> Article One of 2016&#8217;s Most Cited"},"content":{"rendered":"<p><a href=\"\/pardeeschool\/files\/2015\/11\/gallagher_china_resized.png\"><img loading=\"lazy\" src=\"\/pardeeschool\/files\/2015\/11\/gallagher_china_resized-516x300.png\" alt=\"gallagher_china_resized\" width=\"516\" height=\"300\" class=\"alignnone size-medium wp-image-19656\" \/><\/a><\/p>\n<p>A journal article published by\u00a0<a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">Kevin Gallagher<\/a><span>,\u00a0<\/span><span>Professor of Global Development Policy at the Frederick S. Pardee School of Global Studies at Boston University,\u00a0in\u00a0<em><a href=\"http:\/\/www.globalpolicyjournal.com\/\">Global Policy<\/a>\u00a0<\/em>was recently announced as one of the journal&#8217;s\u00a0most cited papers in\u00a02016.\u00a0<\/span><\/p>\n<p>Gallagher&#8217;s article, entitled &#8220;<a href=\"http:\/\/onlinelibrary.wiley.com\/doi\/10.1111\/1758-5899.12138\/full\">Bartering Globalization: China&#8217;s Commodity-backed Finance in Africa and Latin America,&#8221;<\/a>\u00a0was co-authored with Deborah Brautigam and originally published\u00a0on<span>\u00a0June 29, 2014 in\u00a0<em>Global Policy.<\/em><\/span><\/p>\n<p><em><\/em>From the abstract of the article:<\/p>\n<blockquote><p><span>In just over a decade, China has become a source of finance for emerging market and developing country governments. Recipient governments and the Chinese have been less than transparent with respect to the scale, terms and composition of this finance, engendering a great deal of speculation about its nature. This article provides preliminary estimates of Chinese finance to both Africa and Latin America since the turn of the century, with a specific focus on \u2018commodity-backed\u2019 or \u2018resource-secured\u2019 loans. We estimate that Chinese banks have provided approximately $132 billion in financing to African and Latin American governments and state-owned firms since 2003. Just over half of these, or $75 billion, are in the form of resource-secured finance. Contrary to many of the claims in the popular press, we found that Chinese finance is generally not out of line with interest rates found in global capital markets, does not bring windfall commodity profits to China, and does not mandate the use of Chinese workers.<\/span><\/p><\/blockquote>\n<p><span><a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">Dr. Kevin P. Gallagher<\/a>\u00a0is a professor of global development policy at Boston University (BU), where he directs the Global Development Policy Center (GDP Center).\u00a0 The GDP Center\u2019s mission is to advance policy relevant research on \u00a0financial stability, human well-being, and environmental sustainability across the globe.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prof. Kevin Gallagher&#8217;s article in <i>Global Policy<\/i> was recently announced as one of the journal&#8217;s most cited papers in 2016. <\/p>\n","protected":false},"author":11588,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8414,8432],"tags":[9860,10011,9510,1362,10402],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/30106"}],"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\/11588"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/comments?post=30106"}],"version-history":[{"count":2,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/30106\/revisions"}],"predecessor-version":[{"id":30109,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/30106\/revisions\/30109"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/media?parent=30106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/categories?post=30106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/tags?post=30106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}