Kevin Gallagher

Kevin Gallagher, Director of the Global Development Policy Center at Boston University, and Diego Morro, a data analyst specializing in Chinese development finance in Africa, discuss the resurgence of Chinese lending to Africa in 2023 after years of decline. They reveal a shift from large infrastructure projects to more sustainable initiatives in energy and logistics. The conversation highlights the complex dynamics of China's financial commitments, the implications of debt distress, and the contrasting views on transparency in lending practices.

In this engaging discussion, Kevin Gallagher, a global development policy expert, and Greg Chin, a political science professor, dive into China's remarkable shift from a 'rules taker' to a 'rules maker' in international development finance. They delve into China's establishment of alternative institutions like the AIIB and NDB, emphasizing its growing influence in global governance. Key topics include China's push for green finance, recent debt restructuring practices, and the changing dynamics between donor and recipient nations as China redefines development norms.

In this conversation, Greg Chin, a political science associate professor at Boston University, and Kevin Gallagher, the director of the Global Development Policy Center, explore China's evolution in global finance. They delve into China's transition from being a 'rules taker' within the Bretton Woods system to a 'rules maker' through institutions like the AIIB. The duo discusses the strategic motivations behind these changes, the implications for the Global South, and how China's approach to debt and green finance reshapes international norms and partnerships.