{"id":53518,"date":"2022-07-12T10:14:20","date_gmt":"2022-07-12T14:14:20","guid":{"rendered":"https:\/\/www.bu.edu\/pardeeschool\/?p=53518"},"modified":"2022-08-05T16:59:38","modified_gmt":"2022-08-05T20:59:38","slug":"gallagher-and-kozul-wright-call-for-reform-of-global-economic-system","status":"publish","type":"post","link":"https:\/\/www.bu.edu\/pardeeschool\/2022\/07\/12\/gallagher-and-kozul-wright-call-for-reform-of-global-economic-system\/","title":{"rendered":"Gallagher and Kozul-Wright Call for Reform of Global Economic System"},"content":{"rendered":"<p><img loading=\"lazy\" src=\"\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756.jpg\" alt=\"Kevin Gallagher speaking at a Global Development Policy Center event. \" width=\"2560\" height=\"1440\" class=\"alignnone wp-image-52056 size-full\" srcset=\"https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756.jpg 2560w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756-533x300.jpg 533w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756-1024x576.jpg 1024w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756-768x432.jpg 768w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756-1536x864.jpg 1536w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756-2048x1152.jpg 2048w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756-1200x675.jpg 1200w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756-992x558.jpg 992w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756-1500x844.jpg 1500w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756-1920x1080.jpg 1920w, https:\/\/www.bu.edu\/pardeeschool\/files\/2022\/03\/Kevin-Gallagher-Teuten1-scaled-e1646403997756-1984x1116.jpg 1984w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/p>\n<p>In a new <em>openDemocracy<\/em> op-ed, <a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">Kevin Gallagher<\/a> &#8211; Interim Dean of Boston University&#8217;s <span>Frederick S. Pardee School of Global Studies, P<\/span><span>rofessor of Global Development Policy at the Pardee School, and Director of BU\u2019s <\/span><a href=\"https:\/\/www.bu.edu\/gdp\/\" data-auth=\"NotApplicable\" data-linkindex=\"1\">Global Development Policy Center<\/a><span> (GDP Center) &#8211; and Richard Kozul-Wright, Director of the Division on Globalization and Development Strategies at the United Nations Conference on Trade and Development, argue for the reformation of the global economic system to tackle unmet global challenges.\u00a0<\/span><\/p>\n<p>In the article, titled &#8220;<a href=\"https:\/\/www.opendemocracy.net\/en\/oureconomy\/global-economic-crisis-new-bretton-woods-janet-yellin\/\">We need a new Bretton Woods \u2013 but this time it must be truly inclusive<\/a>,&#8221; Gallagher and Kozul-Wright <span>echo the arguments laid out in their latest book,\u00a0<\/span><a href=\"https:\/\/www.bu.edu\/pardeeschool\/2022\/01\/19\/gallagher-co-authors-the-case-for-a-new-bretton-woods\/\"><em>The Case for a New Bretton Woods<\/em><\/a><span>. The two offer a roadmap to transforming the global economic system, which in turn would reduce deep-seated inequalities and also help meet United Nations sustainable development goals. As the authors state, &#8220;a<\/span><span>chieving those [common] goals requires a set of shared principles and effective mechanisms that can help mobilize resources and coordinate policies across countries with widely differing state and private sector capacities.&#8221;<\/span><\/p>\n<p>The full article can be read on <a href=\"https:\/\/www.opendemocracy.net\/en\/oureconomy\/global-economic-crisis-new-bretton-woods-janet-yellin\/\"><em>openDemocracy<\/em>&#8216;s website<\/a>.<\/p>\n<p><a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">Kevin Gallagher<\/a><span>\u00a0<\/span>is a professor of global development policy at Boston University\u2019s Frederick S. Pardee School of Global Studies, where he directs the Global Development Policy Center. He is the author or co-author of numerous books, including most recently, <em><a href=\"https:\/\/www.wiley.com\/en-gb\/The+Case+for+a+New+Bretton+Woods-p-9781509546541\">The Case for a New Bretton Woods<\/a> <\/em>(<span>Wiley<\/span><span>, 2022)<\/span>. Read more about Professor Gallagher on his Pardee School<span>\u00a0<\/span><a href=\"https:\/\/www.bu.edu\/pardeeschool\/profile\/kevin-p-gallagher\/\">faculty profile<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Only through a mixture of dedicated domestic policies and strengthened international cooperation can we hope to reverse the deep-seated inequities of hyper globalization and deliver the UN\u2019s sustainable development goals.&#8221;<\/p>\n","protected":false},"author":17823,"featured_media":52056,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8410],"tags":[11835,9395,11748,11961,1362,9576,11960,11426,8554],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/53518"}],"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\/17823"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/comments?post=53518"}],"version-history":[{"count":11,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/53518\/revisions"}],"predecessor-version":[{"id":53776,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/posts\/53518\/revisions\/53776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/media\/52056"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/media?parent=53518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/categories?post=53518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bu.edu\/pardeeschool\/wp-json\/wp\/v2\/tags?post=53518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}