Beverly Barrett, PhD is policy program advisor and economics faculty at the University of St. Thomas, Houston. Dr. Barrett is the author of Globalization and Change in Higher Education: The Political Economy of Policy Reform in Europe (Palgrave Macmillan). You may email her at [email protected]. This blog is a part of special series on the coronavirus.
|Wed, Apr 8, 2020|
The OECD has estimated that external capital inflows to emerging market countries shrank in 2020 by about $700 billion relative to 2019.
|Thu, Dec 17, 2020|
Institutions are products of their time, and essentially all have sell-by dates. They typically arise to meet a given challenge, and if proven durable become embedded in the fabric of their environment—at least, up to a point.
|Tue, Feb 19, 2019|
Both the Committee and emerging market investment field have been in existence for roughly half the period of the 75-year history of the Bretton Woods institutions.
|Thu, Mar 14, 2019|
July 1, 2019 will mark 75 years since the United Nations Monetary and Financial Conference in Bretton Woods, New Hampshire in 1944. It is an understatement to say that the global economy has changed since the delegates of 44 nations gathered at Bretton Woods; yet, the changes of the past 75 years may pale in comparison to the economic transformations ahead.
|Thu, Nov 29, 2018|
It is no secret that the West is exceedingly uncomfortable with China’s Belt and Road Initiative (the BRI) and its role in building infrastructure in developing countries, and for good reasons. The terms of these investments by China’s parastatal banks are opaque and recent research reveals that contracts include non-disclosure covenants to keep them so. That said, it is China that is pouring the most money into infrastructure investments into Sub-Saharan Africa in particular in a way that no one else can match.
|Thu, Jul 8, 2021|
|James M. Boughton:
As the world economy and its governance structure continue to evolve at an accelerating rate, calls for reform of multilateral institutions are growing louder.
|Tue, Feb 5, 2019|
|Ousmène Jacques Mandeng :
50 years ago, the Bretton Woods system of fixed exchange rates came to a sudden stop. It seemed the end of an era of multilateral and rules-based monetary cooperation considered critical to facilitate international payments.
|Wed, Aug 4, 2021|
|Ousmène Jacques Mandeng:
Financial technology seems set to have a major impact on monetary relations.
|Wed, Apr 17, 2019|
The current state of the global economy and the outlook for the next few years do not bode well for Emerging Market and Developing Economies (EMDEs). Many countries were overly indebted before the pandemic and additional borrowing, one of the few options available to them, will push many into the terrain of unsustainable debt. China’s joining the Debt Service Suspension Initiative of the G-20 is commendable; however, this action only deals with official debt held by poorer EMDEs.
|Fri, Jan 15, 2021|