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.
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By Rebecca Ray and Margaret Myers Chinese development lending to Latin America and the Caribbean (LAC) has begun to rebound, according to the latest update of the Chinese Loans to Latin America and the Caribbean Database, maintained by the Boston University ...
History’s Solution to the China-U.S. Debt Standoff
By Kevin P. Gallagher History is repeating itself, but Western leaders are experiencing a selective memory loss that is preventing learning the lessons of that history. If developing countries are to mobilize the necessary resources ...
In Crafting Special Economic Zones, Ethiopia and Vietnam Learned from China and Taiwan
By Keyi Tang The Taliban administration recently announced plans to convert former US military bases into special economic zones (SEZs) with the aim of promoting economic self-sufficiency through increased trade and investment. The Taliban are not ...
Another $4 Billion on the Table? The Role of China’s Sinosure in Africa’s Debt Negotiations
By Oyintarelado Moses On February 17, 2023, the International Monetary Fund (IMF) convened a roundtable discussion on sovereign debt restructuring, bringing together creditor and debtor stakeholders involved with ongoing and upcoming debt restructurings. Leading ...
Sovereign Sustainability: How China’s Overseas Development Finance Responds to Varying Environmental and Social Protections Around the World
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China’s Overseas Development Finance Totaled $10.5 Billion in 2020-21, Lowest in Recent Years
By Rebecca Ray After providing a staggering amount of finance for overseas development projects in the wake of the global financial crisis, Chinese overseas development finance has been on a general downward trend for several years. New data shows the pandemic ...
China’s Overseas Development Finance Totaled $10.5 Billion in 2020-21, Lowest in Recent Years
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Amid Polycrisis, the IMF and the World Bank Should Do More to Stabilize the World Economy
By Justin Yifu Lin and Yan Wang The global economy is facing polycrisis: increasing climate change, Russia’s war in Ukraine and capital flight from emerging markets and developing countries, leading to declines in their foreign exchange reserves, local currency depreciation and ...
Is the U.S. Comparative Advantage in Engaging with Africa Enough for U.S.-Africa Relations?
By Oyintarelado Moses The U.S. showed off its comparative advantage in engaging with Africa during the Africa and Diaspora Young Leaders Forum at last week’s U.S.-Africa Leaders Summit. While sitting in the audience, I observed as the first African American Vice ...
“Blue-ing” the BRI for Coastal Ecosystems and Communities
By Rebecca Ray Over the last week, China has presided over the Council of the Parties (COP15) to the United Nations Convention on Biological Diversity (CBD) in Montreal. China has chaired COP15 since the COVID-19 pandemic prevented countries from convening ...
How the Global South Can Leverage the BRI and PGII: Competing and Complementary Infrastructure Initiatives
By Oyintarelado Moses and Keren Zhu Last month, the United States and the European Union launched new agreements under the Partnership for Global Infrastructure and Investment (PGII) on the sidelines of the G20 meeting and the European Commission announced the Global Gateway’s (GG) ...
China’s Paid-In Capital on the Rise – Here’s What to Know
By Oyintarelado Moses and Laura Gormley Since 2007, Chinese special investment funds targeting overseas development projects have been on the rise. These funds are pools of capital established by multiple public and/or private shareholders that primarily provide equity financing to projects ...