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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. gaffney4_Leonardo MunozVIEWpress_tax Leonardo Munoz/VIEWpress
    1

    Tax the Rich to Save the Planet

    Owen Gaffney argues that reducing economic inequality is the key to strengthening democracy and mitigating climate change.
  2. nye240_Yuichiro ChinoGetty Images_worldtechnologyconnection Yuichiro Chino/Getty Images
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    Is Globalization Over?

    Joseph S. Nye, Jr. explains why reports of the death of humanity's interdependence are greatly exaggerated.
  3. goldsmith3_LEONARDO MUNOZAFP via Getty Images_trumpindictment Leonardo Munoz/AFP via Getty Images
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    Putin and Trump in the Dock?

    Jack Goldsmith explains the risks associated with pursuing criminal prosecutions against high-profile political figures.
  4. fischer202_JULIEN DE ROSAAFP via Getty Images_ukraine JULIEN DE ROSA/AFP via Getty Images
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    The Great Revision

    Joschka Fischer examines the broader geopolitical restructuring that was triggered by Russia’s full-scale invasion of Ukraine.
  5. op_feld2_Mike KempIn Pictures via Getty Images_inflation Mike Kemp/In Pictures via Getty Images
    3

    Why Inflation Persists

    Lars P. Feld

    What "Team Transitory" has missed in the inflation debate is that inflation tends to become persistent because of second-round effects. Not only have producer prices risen over the past year or so, but they also have not yet been fully passed through the value chain.

     navigates the complex array of factors that give rise to one of the biggest problems in macroeconomics.
  6. haldar19_ Beata ZawrzelNurPhoto via Getty Images_wanted putin Beata Zawrzel/NurPhoto via Getty Images
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    Wanted: Vladimir Putin

    Antara Haldar explains why the International Criminal Court’s indictment is more than just a symbolic victory.
  7. BP financial crisis Anadolu Agency / Contributor via Getty Images
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    Here We Go Again?

    Fifteen years after the collapse of the US investment bank Lehman Brothers triggered a devastating global financial crisis, the banking system is in trouble again. Central bankers and financial regulators each seem to bear some of the blame for the recent tumult, but there is significant disagreement over how much – and what, if anything, can be done to avoid a deeper crisis.

  8. roubini175_Michael M. SantiagoGetty Images_debt crisis Michael M. Santiago/Getty Images
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    The Coming Doom Loop

    Nouriel Roubini warns that liquidity support will not be enough to prevent a deeper financial crisis and economic downturn.
  9. james202_FABRICE COFFRINIAFP via Getty Images_ubs credit suisse FABRICE COFFRINI/AFP via Getty Images
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    Crises of Uncertainty

    Harold James fears the consequences of policymakers’ continual revision of economic and financial governance rules.

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