Author: BU Global Development Policy Ctr.
The Boston University Global Development Policy Center is a policy-oriented research center working to advance financial stability, human well-being and environmental sustainability across the globe.
Related Posts
Pulling China In: The Political Goals and Project Needs Behind Latin America’s Loans From China
By Zara C. Albright Since Latin American countries began borrowing from China’s development finance institutions (DFIs) nearly two decades ago, loans from the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM) have played a significant role in ...
Navigating Risk and Relationships: Chinese Loans to Africa in 2023
By Diego Morro, Victoria Yvonne Bien-Aimé and Lucas Engel This week, African and Chinese leaders are gathering in Beijing for the 2024 Summit of the Forum on China-Africa Cooperation amid significant anticipation from observers about the summit’s key priorities and whether ...
Report: Chinese Lending to African Countries Rebounded in 2023
Chinese creditors resumed lending to African countries in 2023, ending seven years of consecutive declines, according to new data from Boston University's Global Development Policy Center. Chinese lenders issued 13 loans to borrowers in eight African countries and two regional financial ...
Learning Through Lending: China-Africa Economic Engagement through FOCACs Past and Present
By Lucas Engel As the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) approaches, it is warranted to look back at the trajectory of China-African economic engagement and assess its current state. For China, FOCAC, ...
Empowering Africa: How Host States Can Influence Chinese-Supported Power Projects
By Naa Adjekai Adjei Over the past decade, Chinese investments have significantly bolstered Africa's infrastructure landscape. However, prevailing narratives have often emphasized China's influence, overshadowing the critical role of African host states in determining ...
More Finance, Less Emissions: Chinese Investment in Africa for Low-Carbon Industrialization
By Keyi Tang, Solomon Owusu and Gideon Ndubuisi As African and Chinese leaders prepare for the upcoming Forum on China-Africa Cooperation (FOCAC), it is imperative to consider the environmental implications of China's growing economic presence in Africa. ...
Falling Through the Net? The Perils of Relying on Central Bank Swaps for Global Crisis Finance
By Laurissa Mühlich, Thomas Goda, and Marina Zucker-Marques Since the 2008 global financial crisis, central bank swaps have emerged as an increasingly important pillar of the Global Financial Safety Net (GFSN), the network of institutions and arrangements that aim at ...
Unlocking Africa’s Clean Energy Potential With Prefeasibility Funding
By Tsitsi Musasike, Jiaqi Lu, Adjekai Adjei, and Kevin P. Gallagher The second decade of China’s Belt and Road Initiative (BRI) promises to be bigger, better, and, importantly, greener. According to the Chinese Loans ...
The Case for Early Retirement of Chinese Financed Overseas Coal Plants
By Cecilia Springer China leads the world in domestic renewable energy installation and low-carbon manufacturing and is increasingly positioning itself as a climate leader through its development financing in the Global South. However, China ...
Chinese Firms Branch Out from Relying on Development Finance in Latin America and the Caribbean
By Rebecca Ray In 2023, China’s two most active development finance institutions (DFIs) – the China Development Bank (CDB) and the Export-Import Bank of China – committed just $1.3 billion in new sovereign finance to Latin American and Caribbean (LAC) ...
What Kenya’s State Visit to the U.S. Reveals About Winning Over the Global South
By Lucas Engel Kenyan President William Ruto’s recent state visit to Washington, DC underscored considerable alignment between the U.S. and Kenya. The experience will likely boost U.S. policymakers’ confidence in the ability of the U.S. to compete with China in ...
The African Development Bank and the Role of China in Africa’s Call for Changes in the Global Financial Architecture
By Tim Hirschel-Burns and Oyintarelado Moses To close out a month in which the Asian Development Bank and the European Bank for Reconstruction and Development also held their annual meetings, the African Development Bank (AfDB) will hold its