Kevin Gallagher in The Guardian
Senior GDAE Researcher Kevin P. Gallagher writes a regular column for The Guardian. His current research focuses on the economics and politics of economic integration in Latin America and at the WTO. He is the author of The Dragon in the Room: China and the Future of Latin American Industrialization, The Enclave Economy: Foreign Investment and Sustainable Development in Mexico's Silicon Valley (with Lyuba Zarsky), and Putting
Development First: The Importance of Policy Space in
the WTO and IFIs. Gallagher also serves as a professor of international relations at Boston University.
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Forget the received wisdom: Chinese finance in Latin America is a win-win, March 16, 2012 - China's commodity-backed loans are less lopsided than thought, but Latin America should beware commodity-led growth.
The IMF must heed G20 decisions, November 29, 2011 - The G20 agreed that developing countries are free to use capital controls against speculators. Now the IMF should respect that.
The eurozone debt crisis and the G20, Kevin Gallagher, November 1, 2011 - The eurozone crisis and risk of a Greek default make action by the G20 to work out restructuring plans vital. Just ask Argentina
The self-inflicted wound of US foreign aid cuts, Kevin Gallagher and Katherine Koleski, October 14, 2011 - Slashing aid may seem like a no-brainer for congressional budget-cutters, but aid isn't charity; it's business. Ask China.
The false promise of Obama's trade deals, Kevin Gallagher and Timothy A. Wise, September 8, 2011 - '21st-century' trade deals proposed by the Obama administration won't help American workers – and will hurt foreign ones.
GOP bad faith on the debt ceiling, July 28, 2011- Let's get one thing straight: Republicans created this deficit. Now they're holding a gun to our heads to pay it down?
Restructuring Greece's Debt Crisis, July 5, 2011- What happens when a country goes broke? Ask Argentina: bondholders sue under trade treaties. We need a fairer system.
Why Augustin Carstens should not be the next head of the IMF, June 3, 2011- Breaking Europe's monopoly over the IMF is fine, but Mexico's central banker is a disciple of the failed Chicago School economics.
Why the US must raise its debt ceiling, May 5, 2011 - The fragility of the US economy means that an ill-advised round of budget cutting could now drag down global growth.
The end of the 'Washington consensus', March 7, 2011 - For decades, the US was able to dominate Latin America with trade deals. Now China offers a new model of development.
Why Global Trade Treaties Need Fixing, January 31, 2011 - A coalition of 250 economists is urging the US to relax penalties on capital controls to ensure global financial stability.
US Should Exercise Green Power, January 6, 2011 - Instead of turning China's successful renewable energy industry into a trade row, the US should be boosting its own.
Cancún and the new economics of climate change, November 30, 2010 - The US is out of step with the world on the science of global warming, but could be united by the economic case for tackling it. (with Frank
How the US can fix its QE2 problem, November 18, 2010 - G20 countries had issues with the US devaluing the dollar, but the solution lies in cooperation on capital controls. (with Stephany Griffith-Jones)
Who pays the bill for the Fed's QE2? November 3, 2010 - By depressing
US interest rates, quantitative easing forces developing countries to defend their currencies at crippling cost.
The fragile bit of Bric, October 2, 2010 - Despite Brazil's powerhouse reputation, Latin America needs to learn from China to secure future economic growth.
China is too big to fail, August 2, 2010 - The Chinese model is not sustainable in the long run – and the global community must do all it can to help China rise again.
Obama must ditch Bush-era trade deals, July 1, 2010 - South Korea is the latest nation to deploy capital controls – but flaws in a US trade agreement could prove fatal to its stability.
China crashes Cafta's party, June 5, 2010 - Central American nations have long been trying to hook their economies to the US market, but they can't compete with China.
Trading away financial stability, May 4, 2010 - The US needs stable trading partners - so why do its trade policies have the potential to harm emerging economies?
The tyranny of bond markets , April 9, 2010 - Credit rating agencies helped cause the financial crisis and as they rear their heads again, it's time for Obama to get tough.
Why the IMF changed its mind about capital controls, March 20, 2010 - VIDEO: The IMF has endorsed the use of capital controls to mitigate the effects of the financial crisis in developing countries. The US must also come on board.
Capital controls back in IMF toolkit, March 1, 2010 - The IMF has changed its mind and realised Keynes's capital controls are a good thing. It's time to practise what they preach.
Stop Private Firms Exploiting Poor States, February 5, 2010 - A Cafta provision means a mining corporation can sue El Salvador for its gold. Obama can stop this from happening again.
Fixing NAFTA's Flaws, January 7, 2010 - US trade agreements should let nations set their own priorities, rather than be undermined by private companies.
Helping Brazil to help itself, December 10, 2009 - The IMF should end its Washington consensus policies and encourage Brazil to strengthen, not eliminate, capital controls.
Cleaning house at the WTO, December 1, 2009 - The US and other wealthy countries continue to fight the same stale battles over international trade. It's time to move on.
Trading away our future in China, November 13, 2009 - The economy is suffering and the planet is warming, but Barack Obama's first visit to China is all about a trade war.
Trading on thin ice, October 27, 2009 - The US-Colombia free-trade agreement is dangerous, outdated and out of touch with trade treaties across the globe.
Elinor Ostrom breaks the Nobel mould, October 13, 2009 - The economics profession needs to be shaken up. Ostrom's Nobel prize should encourage us to take a fresh approach.
The G20 must wake America up, September 24, 2009 - We haven't done enough to fix the global financial crisis – or prevent the next one. The US has been asleep at the wheel.
Fix America’s trade regime, September 15, 2009 - US free trade agreements are hurting America's global partners. It's time for Obama to make good on his pledge to reform Nafta.
Paying to keep oil in the ground, August 7, 2009 - Should the world pay Ecuador not to extract oil? President Rafael Correa's argument makes perfect economic sense.
Credit raters need a downgrade, July 31, 2009 - The failure of rating agencies to predict defaults helped lead to the economic crisis. They need more than a slap on the wrist.
The Li of Bolivia’s land, July 9, 2009 - Bolivia's vast lithium riches could bring the country out of poverty – but success depends on working with foreign firms.
No stimulus for the poor, June 19, 2009 - Signs of economic recovery should not be an excuse for rich countries to abandon stimulus spending or ignore calls for reform.
A new US industrial policy, June 3, 2009 - Asia's industries are booming thanks to government support. The US should look to it for how to make the likes of GM profitable.
Bursting the carbon bubble, May 5, 2009 - The world economy may be recovering, but inaction on climate change could cost far more than the current financial crisis.
Press the reset button on Latin America, April 14, 2009 - US trade policy has been disastrous for Latin America. On his visit this week, Obama should vow to reshape it.
The G20’s failing grade, April 6, 2009 - Despite progress in some areas, the summit failed to produce a global stimulus and necessary financial and trade regulations.
The developing world is too big to fail, March 5, 2009 - Developing nations are vital to global economic recovery – and the world's rich countries should start acting like it.
Don’t blame China, February 6, 2009 - Rather than seeking to punish the Chinese, the US should follow their lead and invest in strategic industries.
Nafta’s unhappy anniversary, January 1, 2009 - For both the US and Mexico, Nafta has failed to deliver on its economic promises. It's time for it to be renegotiated.
Deal or no deal, December 8, 2008 - Current proposals on international trade amount to deregulation in the developing world and protectionism for the rich.
Milestones for trade, November 7, 2008 - Fixing the global financial system while reforming US trade policy should a top priority for the Obama administration.
Bretton Woods is dead, November 3, 2008 - World leaders must commit to forming new international organisations better suited to solving the economic crisis.
The death of the Washington consensus?, October 14, 2008 - Paul Krugman's Nobel prize for economics signals the intellectual tide is turning against unrestricted free trade.
Making trade work, October 10, 2008 - Barack Obama's stance on free trade is in line with reputable economists who argue that it hinders development.
Putting Doha on life support, September 22, 2008 - Global trade negotiations can be revived if rich nations accept that, for developing countries, one size does not fit all.
Competing for America’s business, September 3, 2008 - Mexico's hands-off approach to globalisation is causing it to rapidly lose ground in the US market, while China is gaining.
A bad deal all round, July 30, 2008 - It was US intransigence that killed the WTO talks. Developing countries were right to walk away.
A new approach to free trade, July 29, 2008 - Trade agreements like Nafta must be renegotiated to improve economic, environmental and public health conditions.
Free trade’s false promises, July 8, 2008 - Nafta has hurt the Mexican economy, and the US-Colombia free trade deal stands to replicate its mistakes.
The WTO wants to talk - but who's listening?, June 27 2008 - Developing countries should refuse to revive world trade round if they continue to get little in return.
The Global Development and Environment Institute’s Globalization and Sustainable Development Program examines the economic, social and environmental impacts of economic integration in developing countries, with a particular emphasis on the WTO and NAFTA's lessons for trade and development policy. The goal of the program is to identify policies and international agreements that foster sustainable development.