Kevin P. Gallagher

  • Professor of Global Development Policy and Director, Global Development Policy Center, Boston University
Les Réunions de printemps du FMI. Photo: Photo by Kent Nishimura/Getty Images

Le FMI ne fait pas assez pour soutenir l'Afrique : des milliards pourraient être mis à disposition par le biais des droits de tirage spéciaux

Les 33 milliards de dollars de droits de tirage du FMI accordés aux pays africains après le COVID n'ont ni accru leur dette, ni été assortis de conditions, ni coûté aux donateurs.
Protesters outside the IMF-World Bank spring meetings in Washington, DC. Photo by Kent Nishimura/Getty Images

IMF isn’t doing enough to support Africa: billions could be made available through special drawing rights

The $33 billion that African countries received under the IMF’s special drawing rights after COVID didn’t add to their debt, came without conditions and didn’t cost donors a cent.
Many African countries are spending too much money on repaying debt at the expense of health and education. Children in southern Kenya attend classes under an acacia tree. Getty Images

Easing Africa’s debt burdens: a fresh approach, based on an old idea

A two-part new approach to helping countries manage their debt would improve the situation for governments as well as their creditors.
Chinese engineers pose after welding the first seamless rails for the China-Laos railway in Vientiane, Laos, June 18, 2020. Kaikeo Saiyasane/Xinhua via Getty Images

China is financing infrastructure projects around the world – many could harm nature and Indigenous communities

Through its Belt and Road Initiative, China has become the world’s largest country-to-country lender. A new study shows that more than half of its loans threaten sensitive lands or Indigenous people.

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