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Can the “Shanghai Model” Solve the Global South Debt Crisis?

During the last major Global South debt crisis in the late 1980s, the United States pioneered an initiative that bundled together all of these countries' debts into a bond that would then be re-packaged and sold to investors. These so-called "Brady ...

With Ying Qian

Non-Resident Senior Research Fellow
GLOBAL CHINA INITIATIVE AT THE BU GLOBAL DEVELOPMENT POLICY CENTER
China Pins Hopes on Society-Wide AI Push to Add Jobs, Rejuvenate Economy
A child shakes hands with a robot during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 28, 2025. (Photo by Hector RETAMAL / AFP)
By Laurie Chen China's scramble to adopt artificial intelligence will spawn new jobs and propel the world's second-largest economy, say policymakers and company executives, as they play down growing global fears that the technology could stunt employment. Plans unveiled ...

Can the “Shanghai Model” Solve the Global South Debt Crisis?

During the last major Global South debt crisis in the late 1980s, the United States pioneered an initiative that bundled together all of these countries' debts into a bond that would then be re-packaged and sold to investors. These so-called "Brady ...
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