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Kevin P. Gallagher

Kevin P. Gallagher

12 commentaries

Kevin P. Gallagher is Professor of Global Development Policy at Boston University and Director of the Boston University Global Development Policy Center.

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  1. The IMF Needs to Mitigate Climate Transition Risk
    xhe1_ AKSARA M. RAHMANAFP via Getty Images_indonesiacoal Aksara M. Rahman/AFP via Getty Images

    The IMF Needs to Mitigate Climate Transition Risk

    Apr 11, 2022 Xiaobei He, et al. call for more coordination to prevent policies in one country from destabilizing economies elsewhere.

  2. The IMF's Unfinished Business
    stiglitz301_OLIVIER DOULIERYAFP via Getty Images_imf OLIVIER DOULIERYAFP via Getty Images

    The IMF's Unfinished Business

    Mar 7, 2022 Joseph E. Stiglitz & Kevin P. Gallagher urge the Fund to greenlight members' use of capital controls as a tool to preserve financial stability.

  3. China Takes the Lead in Development Finance
    gallagher10_Zhang PengLightRocket via Getty Images_china development bank Zhang Peng/LightRocket via Getty Images

    China Takes the Lead in Development Finance

    Dec 9, 2020 Kevin P. Gallagher & Rebecca Ray highlight the potential benefits and risks of the country's massive increase in lending to poorer economies.

  4. The G20 Debt Plan Does Not Go Far Enough
    akhtar2_ Artur WidakNurPhoto via Getty Images_covid business closed Artur Widak/NurPhoto via Getty Images
    Free to read

    The G20 Debt Plan Does Not Go Far Enough

    Nov 24, 2020 Shamshad Akhtar, et al. propose a comprehensive new initiative aimed at fostering an inclusive green recovery worldwide.

  5. The Need for Debt-for-Climate Swaps
    akhtar1_krisanapong detraphiphatGetty Images_moneyplantgrowthsustainability Krisanapong Detraphiphat/Getty Images

    The Need for Debt-for-Climate Swaps

    Aug 17, 2020 Shamshad Akhtar, et al. call for a new global facility that would combine debt relief with investments in sustainability.

  1. frankel141_Robert HradilGetty Images_wto Robert Hradil/Getty Images
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    Let the WTO Referee Carbon Border Taxes

    Jeffrey Frankel shows how a revived World Trade Organization can play a central role in combating climate change.
  2. stanley4_Win McNameeGetty Images_elonmusk Win McNamee/Getty Images
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    Elon Musk’s Not-so-Hidden Agenda

    Jason Stanley thinks the mogul's takeover of Twitter reflects his interest in destroying all democratic information spaces.
  3. GettyImages-1404385658
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    Saadia Zahidi on government spending, debt distress, the Iran protests, and more

    Saadia Zahidi argues that social-safety nets must be customized and targeted to ensure efficiency, advocates a more responsible approach to deficit reduction and fiscal consolidation, describes the complex recipe for helping countries reap the benefits of greater female labor-force participation, and more.
  4. fischer199_SAUL LOEBAFP via Getty Images_g20bali Saul Loeb/AFP via Getty Images
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    The Birth of a New International Order

    Joschka Fischer sees global great-power relations taking shape around a Sino-American dominated pentarchy.
  5. rpersaud18_Marvin Ibo Guengoer - GES SportfotoGetty Images_saudiarabiaworldcup Marvin Ibo Guengoer/GES Sportfoto/Getty Images
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    The World Cup Syndrome

    Raj Persaud reflects on the effects that loving the “beautiful game” can have on one’s health and finances.
  6. chakrabarti2_eRIC BARADATAFP via Getty Images_worldbank Eric Baradat/AFP via Getty Images
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    Rebooting the World Bank

    Suma Chakrabarti & Chris Humphrey outline key reforms that could help the institution regain the trust of developing countries.
  7. ahzhang7_ NOEL CELISAFP via Getty Images_chinaprotest Noel Celis/AFP via Getty Images
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    No Easy Exit from Zero-COVID

    S. Alex Yang & Angela Huyue Zhang propose a strategy for loosening China's pandemic restrictions without triggering a nationwide health crisis.
  8. james198_Michael M. SantiagoGetty Images)_ftx Michael M. Santiago/Getty Images
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    Faking It, Making It, Losing It

    Harold James

    The spectacular rise and fall of FTX and its founder Sam Bankman-Fried were driven by effective marketing, trickery, and financial speculation. In that, they bear a striking resemblance to the disastrous eighteenth-century experiment that fueled the Mississippi Company bubble and created the template for all future Ponzi schemes.

     draws parallels between the FTX collapse and economist John Law’s infamous eighteenth-century scheme in France.
  9. davies83_ Peter MacdiarmidGetty Images_bankofengland Peter Macdiarmid/Getty Images
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    The Regulators’ Revolt

    Howard Davies traces the rise and fall of the UK government's recent effort to wield the power to rewrite financial rules.

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