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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. varoufakis107_Thomas LohnesGetty Images_christinelagarde Thomas Lohnes/Getty Images
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    Christine Lagarde’s Gifts to Populists

    Yanis Varoufakis worries that the European Central Bank's blunders have revived the far right's political fortunes.
  2. rodrik213_James WakibiaSOPA ImagesLightRocket via Getty Images_kenyasolar James Wakibia/SOPA Images/LightRocket via Getty Images
    1

    Bridging the Climate-Development Gap

    Dani Rodrik & Ishac Diwan explain how to free up fiscal space for sustainable development in many low- and middle-income countries.
  3. sheng141_XinhuaMao Siqian via Getty Images_hong kong Xinhua/Mao Siqian via Getty Images
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    Lower Transaction Costs for Greater Innovation

    Andrew Sheng & Xiao Geng highlight the link between access to global markets and investment in research and development.
  4. Ashoka_Say-More_Ghersi-via-GettyRF
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    Ashoka Mody on Indian corruption, growth, jobs, and more

    Ashoka Mody explains the roots of the lack of accountability in India, highlights shortcomings in human capital and gender equality, casts doubt on the country’s ability to assume a Chinese-style role in manufacturing, and more.
  5. chowdhury1_BIJU BOROAFP via Getty Images_india flooding BIJU BORO/AFP via Getty Images
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    Why India’s Women Are More Vulnerable to Disasters

    Joyita Roy Chowdhury & Prarthna Agarwal Goel call attention to gender inequalities that exacerbate the effects of floods and other natural catastrophes.
  6. spence164_Thierry MonasseGetty Images_eu integration Thierry Monasse/Getty Images
    3

    Europe in the Age of Industrial Policy

    Michael Spence

    While China and the US take advantage of scale to pursue large-scale investment in critical sectors, the EU struggles to follow suit, owing to its decentralized fiscal structures and rules limiting government subsidies to industry. A new EU-level investment program is urgently needed.

     advocates a federal investment program, funded by EU sovereign-debt issuance and administered centrally.
  7. brown99_Elke ScholiersGetty Images_g20 Elke Scholiers/Getty Images
    2

    Fixing Global Governance

    Gordon Brown explains how to make the G20 and the Bretton Woods institutions fit for purpose once again.
  8. stark9_DANIEL ROLANDAFP via Getty Images_ecb DANIEL ROLAND/AFP via Getty Images
    2

    The EU Needs Fiscal Union

    Lucrezia Reichlin laments the pro-cyclical bent of the European Commission’s proposed reforms to fiscal rules.
  9. castellino1SAM PANTHAKYAFP via Getty Images_water SAM PANTHAKY/AFP via Getty Images
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    The Roots of the Global Water Crisis

    Joshua Castellino explains why overhauling the current economic paradigm is crucial for preserving Earth’s natural systems.

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