Kevin Gallagher
@kevinpgallagher.bsky.social
Director Boston University Global Development Policy Center www.bu.edu/gdp
Bloomberg feature on IMF at 80+ and its response to the war featuring Gita Gopinath and yours truly : www.bloomberg.com/news/videos/...
Watch Can the World’s Economic Firefighter Adapt to the 21st Century? - Bloomberg
As wars, trade spats, and AI reshape the global economy, the IMF has held its role as the world’s lender-of-last-resort steady. Much of its governance, including countries’ shares of voting rights, ha...
bloomberg.com
Op-Ed: "As the country faces decoupling from Western markets, it is in China’s interest to revive financing to the developing world to help create new market opportunities." @kevinpgallagher.bsky.social and Rebecca Ray write for this week’s issue of The Wire China:
Why China Should Boost its Lending To Developing Countries - The Wire China
China's retreat from lending to developing countries has come at precisely the wrong time for the global economy.
buff.ly
Our latest, with @gdp-center.bsky.social colleagues @daniel-rinner.bsky.social and @kevinpgallagher.bsky.social: do IMF programs result in investment growth? Investment-led growth is key to IMF program goals, but we find ambiguous or negative results. www.bu.edu/gdp/2026/04/... 1/3
If you are in Boston area come see Justin Yifu Lin at BU: www.bu.edu/pardeeschool...
Event Calendar | The Frederick S. Pardee School of Global Studies
bu.edu
"This is not only about markets or oil prices, but whether the international system can respond in time to avoid deepening already existing debt vulnerabilities," argue @kevinpgallagher.bsky.social, @becky-ray.bsky.social & @marinazucker.bsky.social in their new research👇 www.bu.edu/gdp/2026/03/...
Rising oil prices and developing country debt – the next shock is already here | Global Development Policy Center
bu.edu
New blog piece on impact of Netanyahu-Trump War on Iran and developing country debt distress: www.bu.edu/gdp/2026/03/...
Rising oil prices and developing country debt – the next shock is already here | Global Development Policy Center
bu.edu
Sad to lose my Uncle in law. He was more than a great economist. He was a great human being! Christopher A. Sims, 83, Dies; Won Nobel for Modeling Economic Policy www.nytimes.com/2026/03/17/b...
Christopher A. Sims, 83, Dies; Won Nobel for Modeling Economic Policy
nytimes.com
Out Now: Volume 16, Issue 1 of Journal of Globalization and Development, edited by @kevinpgallagher.bsky.social and Jeronim Capaldo. www.degruyterbrill.com/journal/key/... (Graphic titled 'Fixed Price' in Jairo Alvarez and Juan Pablo Bohoslavsky’s article “Beyond Debt – Curatorial Note”)
Now out in the Journal of Globalization and Development: A special issue on Greened Dependency and Development that explores the political economy of Latin America’s energy transition, guest edited by @barbarafritz Barbara Fritz, Martin Middelanis & José Carlos Orihuela
Special issue: Greened Dependency and Development: The Political Economy of Energy Transition in Latin America; Guest Editors: Barbara Fritz, Martin Middelanis and Jose Carlos Orihuela
Volume 16, issue 2 of the journal Journal of Globalization and Development was published in 2025.
degruyterbrill.com
Explainer on most of the datasets out there on Chinas overseas economic activity: www.bu.edu/gdp/2025/11/...
How We Track China’s Overseas Development Finance: A Guide to GDP Center’s Four Flagship Databases | Global Development Policy Center
bu.edu
Check our chart of the week! shorturl.at/l7xhx COP’s key discussion: achieving the $1.3T climate finance goal. For that, MDBs must play a bold role. Tripling MDB lending by 2030, per G20 Independent Expert Group, would put MDBs in the path to cover one-quarter of 1.3 T target by 2035.
New book released today with Greg Chin and OPEN ACCESS: China and the International Economic Order www.cambridge.org/core/element...
China and the Global Economic Order
Cambridge Core - Asian Studies - China and the Global Economic Order
cambridge.org
Please come if you are in DC for annuals: On Thursday, October 16, join JHU SAIS + the GDP Center for the launch 📚 of 'China and the Global Economic Order,' my new book w/Gregory T. Chin, published by Cambridge University Press in its Global China series. www.eventbrite.com/e/book-launc...
Book launch: "China and the Global Economic Order"
FPI Senior Fellow Gregory Chin and co-author Professor Kevin Gallagher discuss their new book with Professor David M. Lampton.
eventbrite.com
New report authored by over 20 current and ex officials from global South, IMF, WB, think tanks and academics: a call to action in Southern -led ‘Green developmental statecraft.’ www.bu.edu/gdp/2025/09/...
Green Developmental Statecraft: The International Dimension of Green Structural Transformation in the Global South | Global Development Policy Center
bu.edu
“Cheap imports can help underpin green industrialization in Africa and alleviate China’s overcapacity,” @kevinpgallagher.bsky.social said. “Africa doesn’t have time for geopolitical tensions, they just need cheap green power.” www.nytimes.com/2025/08/26/c...
China Finds Buyers for Surplus Solar: Africa’s Energy-Hungry Countries
nytimes.com
Chinese solar exports to African countries are surging. With insights from @ember-energy.org and @kevinpgallagher.bsky.social www.nytimes.com/2025/08/26/c...
China Finds Buyers for Surplus Solar: Africa’s Energy-Hungry Countries
nytimes.com
Western protectionism China, and climate change chinaglobalsouth.com/analysis/chi...
The New Protectionism Toward China and Climate Change
By Kevin P. Gallagher For decades now, China has advanced a big push in both policy innovation and public investment to become the global leader in low carbon technology trade. While deploying these i...
chinaglobalsouth.com
Economists need to be more than program evaluators given that the program has no foundation: www.project-syndicate.org/commentary/w...
Are Economists Architects or Auditors?
Ricardo Hausmann laments how the field’s appetite for imaginative problem-solving has given way to narrow, testable hypotheses.
project-syndicate.org
The world we’ve built is interconnected—and vulnerable. What comes next? 👉 youtu.be/JosVGyBA3gQ 👀 @kevinpgallagher.bsky.social lays out 5 principles for a resilient future.
Was great to sit with the folks at INET and discuss the need for urgent reform of the global financial architecture www.ineteconomics.org/perspectives...
The Case for a New Bretton Woods
How do we prepare for a world of constant shocks—climate disasters, financial crises, pandemics, conflict, and inequality?
ineteconomics.org
Honored to be on the Pope’s commission for debt relief in this Jubilee year. Amidst this Kindleberger trap the Pope may be our only hope!
Only by embracing a new approach to developing-country debt will we unblock the investment flows that these countries so desperately need to kickstart growth, write @kevinpgallagher.bsky.social, et al.
Getting Debt Sustainability Right in Developing Countries | by Kevin P. Gallagher, José Antonio Ocampo and Kunal Sen - Project Syndicate
Kevin P. Gallagher, José Antonio Ocampo and Kunal Sen explain why the current global financial architecture fails to meet low- and middle-income countries' needs.
project-syndicate.org
The international financial architecture needs to enable countries to mobilize financing for development without perpetually teetering on debt distress: key moves for F4D in Seville. www.project-syndicate.org/commentary/d...
Getting Debt Sustainability Right in Developing Countries | by Kevin P. Gallagher, José Antonio Ocampo and Kunal Sen - Project Syndicate
Kevin P. Gallagher, José Antonio Ocampo and Kunal Sen explain why the current global financial architecture fails to meet low- and middle-income countries' needs.
project-syndicate.org
Making Multilateralism Great Again! New piece with Richard Kozul-Wright www.phenomenalworld.org/analysis/res...
Restoring Multilaterism | Richard Kozul-Wright & Kevin Gallagher
A reformed global agenda built on public foundations
phenomenalworld.org
Global South locked out of low carbon trade—our new database in @science.org @bentleyallan.bsky.social @drodrik.bsky.social @isabelestevez.bsky.social @glenpeters.bsky.social @jennifer-clapp.bsky.social @leeharris.ft.com @katemac.bsky.social @adilnajam.bsky.social www.science.org/doi/10.1126/...
Developing countries locked out of low-carbon technology trade
More than 90% of all low-carbon technology trade is between high-income countries and China
science.org
A new journal article by Solomon Owusu, @keyitang.bsky.social + Gideon Ndubuisi examines the impact of 🇨🇳Chinese foreign direct investment on low-carbon industrialization in Africa, within the context of China’s growing economic ties with the continent. Read more: www.bu.edu/gdp/2024/07/...
In a new @unu-wider.bsky.social working paper, @kevinpgallagher.bsky.social lays out a framework for reforming the int'l financial architecture in order to achieve sustainable prosperity. Read more: www.bu.edu/gdp/2025/03/...
