China poised to lead on green finance at G-20 meeting
As it hosts the G-20 in September, China is poised to match words and action on sustainable development.
Kevin Gallagher
August 18, 2016
China goes global with development banks
In just over a decade, China has become a global leader in development finance. China has established a number of bilateral and multilateral funds across the world, in addition to two policy banks. China has also led efforts to establish new multilateral development banks that promise to provide significant financing capabilities into the regime as well.
Kevin Gallagher
April 7, 2016
Latin America needs a plan to China’s Latin America plan
In 2015 China’s two development banks provided upwards of $29 billion in loans to Latin American governments with the promise of more to come. The problem is the region has no mechanism to constructively engage China to help direct and manage these funds. Here’s an idea.
Kevin Gallagher
March 31, 2016
Banking on Climate Finance for Latin America
Latin America and Caribbean negotiators arrived at the global climate talks in Paris with ambitious plans. But without international development financing, those ideas will amount to little.
Kevin Gallagher
December 3, 2015
The World Bank’s second chance in South America
The World Bank annual meeting in Lima, Peru this weeks offers a unique opportunity. While China’s massive investments in infrastructure are much-needed, they come with huge risks. The World Bank can reduce those by working with these new efforts—with all their capital—to apply the Bank’s experience in protecting the environment and local communities.
Kevin Gallagher
October 6, 2015
Safeguarding financial stability in the TPP
In the final stages of the Trans-Pacific Partnership negotiations, the U.S. is still pushing for the elimination of safeguards to regulate capital inflows and capital flight. Those controls have mitigated past crises and prevent others in economies that for decades have been buffeted by financial instability.
Kevin Gallagher
July 22, 2015