{"id":37112,"date":"2019-03-15T11:21:43","date_gmt":"2019-03-15T15:21:43","guid":{"rendered":"https:\/\/www.bu.edu\/pardeeschool\/?p=37112"},"modified":"2021-02-03T16:23:05","modified_gmt":"2021-02-03T21:23:05","slug":"gallagher-in-the-economist-on-national-development-banks","status":"publish","type":"post","link":"https:\/\/www.bu.edu\/pardeeschool\/2019\/03\/15\/gallagher-in-the-economist-on-national-development-banks\/","title":{"rendered":"Gallagher in <i>The Economist<\/i> on National Development Banks"},"content":{"rendered":"<p><a href=\"\/pardeeschool\/files\/2018\/06\/Gallagher1.jpg\"><img loading=\"lazy\" src=\"\/pardeeschool\/files\/2018\/06\/Gallagher1-516x300.jpg\" alt=\"\" width=\"516\" height=\"300\" class=\"alignnone size-medium wp-image-33671\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">Kevin Gallagher<\/a><span>, Director of the\u00a0<\/span><a href=\"http:\/\/www.bu.edu\/gdp\/\">Global Development Policy (GDP) Center<\/a><span>\u00a0and\u00a0<\/span><span>Professor of Global Development Policy at the Frederick S. Pardee School of Global Studies, was interviewed for a recent article on national development banks.<\/span><\/p>\n<p>Gallagher was interviewed for a March 7, 2019 article in\u00a0<em><a href=\"https:\/\/www.economist.com\">The Economist<\/a>\u00a0<\/em>entitled &#8220;<span><a href=\"https:\/\/www.economist.com\/finance-and-economics\/2019\/03\/09\/national-development-banks-are-back-in-vogue\">National Development Banks Are Back In Vogue.<\/a>&#8220;<\/span><\/p>\n<p>From the text of the article:<\/p>\n<blockquote><p><span>Mr Okpanachi is the boss of Development Bank of Nigeria<\/span><small>(dbn)<\/small><span>, a wholesale lender to small firms that started operating in 2017. His institution is part of a proliferation of national development banks (<\/span><small>ndb<\/small><span>s) worldwide. Kevin Gallagher, of Boston University, and Rogerio Studart, of the Federal University of Rio de Janeiro, believe there are more than 250, with total assets of $4.9trn, four times those of multilateral peers. Poor countries account for over three-quarters of the tally, but<\/span><small>ndb<\/small><span>s are also popular in the rich world. France and Canada have recently opened three between them. Myanmar and Ghana are rolling out new ones. Britain unusually, has no<\/span><small>ndb\u2014<\/small><span>but some politicians want one.<\/span><\/p><\/blockquote>\n<p><span><a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">Gallagher<\/a> serves on the United Nations\u2019 Committee for Development Policy and co-chairs the T-20 Task Force on International Financial Architecture at the G-20. He previously served on the investment sub-committee of the Advisory Committee on International Economic Policy at the US Department of State and on the National Advisory Committee at the Environmental Protection Agency.\u00a0 \u00a0Gallagher has been a visiting or adjunct professor at the Paul Nitze School of Advanced International Studies at Johns Hopkins University, the Fletcher School of Law and Diplomacy at Tufts University; El Colegio de Mexico in Mexico; Tsinghua University in China, and the Center for State and Society in Argentina.\u00a0<\/span><a href=\"https:\/\/twitter.com\/KevinPGallagher\">@KevinPGallagher<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GDP Center Director Kevin Gallagher was quoted in an article entitled &#8220;National Development Banks Are Back In Vogue.&#8221;<\/p>\n","protected":false},"author":11588,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8410],"tags":[11087,9396,8859,1362,9578],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/37112"}],"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=37112"}],"version-history":[{"count":1,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/37112\/revisions"}],"predecessor-version":[{"id":37113,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/37112\/revisions\/37113"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/media?parent=37112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/categories?post=37112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/tags?post=37112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}