Yan
@yanwang5.bsky.social
Senior Academic Researcher, Boston U Global Development Policy Center and consultant at the World Bank
Reposted by Yan
My response is on the longer side here bc it's a thoughtful piece on a key topic.
This is right that structural transformation should be the goal of development. But in terms of POLITICAL dynamics, the same forces constrain both aid and structural transformation 1/16
This is right that structural transformation should be the goal of development. But in terms of POLITICAL dynamics, the same forces constrain both aid and structural transformation 1/16
I highly recommend this piece by the brilliant Dr. Zainab Usman of @carnegieendowment.org:
www.foreignaffairs.com/united-state... via @foreignaffairs.com
www.foreignaffairs.com/united-state... via @foreignaffairs.com
The End of the Global Aid Industry
USAID’s demise is an opportunity to prioritize industrialization over charity.
www.foreignaffairs.com
May 5, 2025 at 10:16 PM
My response is on the longer side here bc it's a thoughtful piece on a key topic.
This is right that structural transformation should be the goal of development. But in terms of POLITICAL dynamics, the same forces constrain both aid and structural transformation 1/16
This is right that structural transformation should be the goal of development. But in terms of POLITICAL dynamics, the same forces constrain both aid and structural transformation 1/16
China is providing new finance to Kenya including the PPP for the extension of the SGR, some SEZs and manufacturing FDI. podcasts.apple.com/us/podcast/t...
Kenya Prez Ruto Shows Persistence Pays When Negotiating With China
Podcast Episode · The China in Africa Podcast · 04/25/2025 · 49m
podcasts.apple.com
April 26, 2025 at 10:46 PM
China is providing new finance to Kenya including the PPP for the extension of the SGR, some SEZs and manufacturing FDI. podcasts.apple.com/us/podcast/t...
Reposted by Yan
Our broken financial architecture
Myanmar’s disaster (est. cost >100% GDP) qualifies it for IMF relief via the CCRT
But CCRT funds, w/ just 81 mn SDRs aren't enough to cover the 103 mn Myanmar could request- 20% of their quotas
Meanwhile, IMF sits on $282bn in idle gold
Myanmar’s disaster (est. cost >100% GDP) qualifies it for IMF relief via the CCRT
But CCRT funds, w/ just 81 mn SDRs aren't enough to cover the 103 mn Myanmar could request- 20% of their quotas
Meanwhile, IMF sits on $282bn in idle gold
March 31, 2025 at 3:36 PM
Our broken financial architecture
Myanmar’s disaster (est. cost >100% GDP) qualifies it for IMF relief via the CCRT
But CCRT funds, w/ just 81 mn SDRs aren't enough to cover the 103 mn Myanmar could request- 20% of their quotas
Meanwhile, IMF sits on $282bn in idle gold
Myanmar’s disaster (est. cost >100% GDP) qualifies it for IMF relief via the CCRT
But CCRT funds, w/ just 81 mn SDRs aren't enough to cover the 103 mn Myanmar could request- 20% of their quotas
Meanwhile, IMF sits on $282bn in idle gold
Interesting piece. "As of Feb. 6, 2025, the AIIB has 306 approved projects totaling $59 billion. Energy and transportation are its two largest sectors of lending." theconversation.com/if-us-attemp...
If US attempts World Bank retreat, the China-led AIIB could be poised to step in – and provide a model of global cooperation
The AIIB is a paradox: an institution connected to the rules and norms of the liberal international order, but one created by an illiberal regime.
theconversation.com
March 16, 2025 at 2:36 AM
Interesting piece. "As of Feb. 6, 2025, the AIIB has 306 approved projects totaling $59 billion. Energy and transportation are its two largest sectors of lending." theconversation.com/if-us-attemp...
Reposted by Yan
Thank you for the nice review.
Joseph Stiglitz debunks the idea that government regulation stifles freedom. That’s like saying that mandating stoplights to prevent accidents is anti-freedom. Balanced regulations can expand freedom.
Review at: upriverpress.substack.com/p/the-road-t...
@josephestiglitz.bsky.social
#economics
Review at: upriverpress.substack.com/p/the-road-t...
@josephestiglitz.bsky.social
#economics
The Road to Freedom: Economics and the Good Society
Upriver Press Book Review
upriverpress.substack.com
March 12, 2025 at 9:33 PM
Thank you for the nice review.
Reposted by Yan
Happening now @bostonu.bsky.social, @kevinpgallagher.bsky.social offers opening remarks at an expert panel on green industrial policy in the Global South, co-sponsored with the BU Pardee School and ft'ing speakers from 🇿🇦South Africa, 🇧🇷Brazil + 🇮🇩Indonesia.
March 5, 2025 at 2:13 PM
Happening now @bostonu.bsky.social, @kevinpgallagher.bsky.social offers opening remarks at an expert panel on green industrial policy in the Global South, co-sponsored with the BU Pardee School and ft'ing speakers from 🇿🇦South Africa, 🇧🇷Brazil + 🇮🇩Indonesia.
Reposted by Yan
How can fiscal policy better account for the economic benefits of public investments?
Hua Chai + @yanwang5.bsky.social propose shifting fiscal policy focus from debt levels to public sector net worth in a new blogpost.
Read more: www.bu.edu/gdp/2025/03/...
Hua Chai + @yanwang5.bsky.social propose shifting fiscal policy focus from debt levels to public sector net worth in a new blogpost.
Read more: www.bu.edu/gdp/2025/03/...
March 3, 2025 at 2:29 PM
How can fiscal policy better account for the economic benefits of public investments?
Hua Chai + @yanwang5.bsky.social propose shifting fiscal policy focus from debt levels to public sector net worth in a new blogpost.
Read more: www.bu.edu/gdp/2025/03/...
Hua Chai + @yanwang5.bsky.social propose shifting fiscal policy focus from debt levels to public sector net worth in a new blogpost.
Read more: www.bu.edu/gdp/2025/03/...
Reposted by Yan
What role can renminbi-denominated panda bonds play in development finance, and why is it good timing for issuing panda bonds?
@yanwang5.bsky.social + Zheng Zhai explore in a new blogpost: www.bu.edu/gdp/2025/02/...
@yanwang5.bsky.social + Zheng Zhai explore in a new blogpost: www.bu.edu/gdp/2025/02/...
February 28, 2025 at 3:20 PM
What role can renminbi-denominated panda bonds play in development finance, and why is it good timing for issuing panda bonds?
@yanwang5.bsky.social + Zheng Zhai explore in a new blogpost: www.bu.edu/gdp/2025/02/...
@yanwang5.bsky.social + Zheng Zhai explore in a new blogpost: www.bu.edu/gdp/2025/02/...
Reposted by Yan
A key outcome from this year's declaration is the G20 Roadmap towards Better, Bigger, and More Effective Multilateral Development Banks.
We @gdp-center.bsky.social were honored to lead research under the "bigger" pillar.
Lots of MDB reforms still needed + the Roadmap is key to guiding them
We @gdp-center.bsky.social were honored to lead research under the "bigger" pillar.
Lots of MDB reforms still needed + the Roadmap is key to guiding them
November 19, 2024 at 1:48 AM
A key outcome from this year's declaration is the G20 Roadmap towards Better, Bigger, and More Effective Multilateral Development Banks.
We @gdp-center.bsky.social were honored to lead research under the "bigger" pillar.
Lots of MDB reforms still needed + the Roadmap is key to guiding them
We @gdp-center.bsky.social were honored to lead research under the "bigger" pillar.
Lots of MDB reforms still needed + the Roadmap is key to guiding them
Reposted by Yan
The IMF view that in large part the Global South is only facing a short term liquidity crunch may be wrong and if so is dangerous. Real debt relief is needed for stability and development. New piece with Mark Sobel: www.omfif.org/2024/11/dist...
Distressed LICs need debt relief, not more new debt - OMFIF
IMF emphasis on liquidity strains is off target
www.omfif.org
November 27, 2024 at 6:33 PM
The IMF view that in large part the Global South is only facing a short term liquidity crunch may be wrong and if so is dangerous. Real debt relief is needed for stability and development. New piece with Mark Sobel: www.omfif.org/2024/11/dist...
Reposted by Yan
In a new report, Chiara Mariotti, @rishirbhandary.bsky.social, @kevinpgallagher.bsky.social + Richard Kozul-Wright outline 6️⃣ policy recommendations for multilateral + national development bank cooperation to advance development + climate change priorities.
Read more: www.bu.edu/gdp/2025/02/...
Read more: www.bu.edu/gdp/2025/02/...
February 24, 2025 at 2:33 PM
In a new report, Chiara Mariotti, @rishirbhandary.bsky.social, @kevinpgallagher.bsky.social + Richard Kozul-Wright outline 6️⃣ policy recommendations for multilateral + national development bank cooperation to advance development + climate change priorities.
Read more: www.bu.edu/gdp/2025/02/...
Read more: www.bu.edu/gdp/2025/02/...