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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In the Pandemic Era, China is No Substitute for the IMF on Debt Restructuring
By James Sundquist In the wake of the COVID-19 pandemic, 90 countries have approached the International Monetary Fund (IMF) for some form of economic assistance. As in decades past, a multitude of developing countries appears to need debt relief or restructuring. Yet, while ...
Africa, Latin America and the Active Non-Alignment Option
By Jorge Heine Seventeen African countries, most prominently South Africa, abstained in the United Nations General Assembly vote from condemning Russia for invading Ukraine and demanding Moscow stop fighting and withdraw its military forces. Many more that voted in favor of condemning ...
New Data Shows China’s Economic Relationship with Latin America and the Caribbean is Evolving
By Zara C. Albright and Rebecca Ray For the second year in a row, the China-Latin America Finance Database, jointly managed by the Boston University Global Development Policy (GDP) Center and the Inter-American Dialogue, recorded no new official finance commitments from China to ...
Why Building Public Assets is Key for Debt Sustainability and Economic Growth
By Yan Wang and Yinyin Xu Public assets are a vast unknown and untapped resource. Consisting of real estate and operational assets, public assets include a country’s state-owned land, transport, and utilities, as well as its liquid financial assets and state-owned ...
Outlier or New Normal? Trends from the 2022 China’s Global Energy Finance Database Update
By Cecilia Han Springer 2021 saw persistent economic impacts from the COVID-19 pandemic, narrowing borrowing capacities in developing countries, and a global trend towards phasing out coal. These factors converged in a shocking finding from the 2022 release of the China Global Energy Finance (CGEF) Database, managed ...
Data Analysis for Transparency and Accountability in China’s Overseas Economic Activity
The Global China Initiative (GCI) at the Boston University Global Development Policy (GDP) Center manages five open-source databases tracking Chinese overseas development finance and investments. Through these databases, GCI aims to provide transparent data to aid the public, including policymakers, journalists, academic researchers, civil society, and others, ...
The Shanghai Model: A Potential Solution for Debt Distressed Countries?
By Ying Qian At this year’s first G20 Finance Ministers and Central Bank Governors Meeting in Jakarta, Indonesia, members issued a communiqué highlighting the unevenness of the global economic recovery from the COVID-19 pandemic. Among many factors, debt distress and increased commodity ...
Banks, Not Tanks: Regaining the Spirit of Nixon’s 1972 Visit to China
By Kevin P. Gallagher and Cecilia Han Springer 50 years ago, from February 21-28, 1972, U.S. President Richard M. Nixon visited Beijing, beginning the process of normalizing diplomatic relations between the US and China. In the Shanghai Communiqué issued during that historic ...
Phasing Down Coal in the Global South
By Rishikesh Ram Bhandary and Cecilia Han Springer Although Chinese President Xi Jinping announced last year that China will no longer build new coal-fired power plants overseas, the Boston University Global Development Policy (GDP) Center’s China’s Global Power (CGP) Database shows 60 coal ...