Emergent Economics

Political economy and development

Latest articles

The need to extend the WTO TRIPS pharmaceuticals transition period for least developed countries in the Covid-19 era: Evidence from Bangladesh

New UN policy brief (pdf) with Prof. Kevin Gallagher of Boston University. Abstract Bangladesh is one of the most successful least developed countries (LDCs). The country has made such strides that in 2021 the United Nations Committee for Development Policy will consider whether it should graduate out of the LDC category altogether. Like...

Building the world back realistically

My last post on the need to build the world back better said that most discussion of the post-covid recovery is mistakenly confined to national borders and should have a global dimension. It’s a view that could be read as idealistic and naive. The world is retreating from physical globalisation. Building the world back better is probably far from most...

Build the world back better

Bike lanes are all very well, but it’s global change that really counts. At a time when politicians and commentators are talking about the need to rebuild more sensibly after Covid-19, it’s more important than ever to think globally. Most recent health, economic and environmental crises were international, and so must be the remedies. This view isn’t...

Six suggestions for improving support to least developed countries

To get LDC graduation back on track, and to help other LDCs, reform of the international system of support must be fundamental and far-reaching. First published in EIF Trade for Development News At the start of 2020, a dozen least developed countries (LDCs) were on schedule to leave the category by the middle of the decade. That timetable now looks...

Time to get serious about support for the Pacific’s least developed countries

Until early this year the Pacific islands were a rare ray of sunshine for the international development system. The region’s four least developed countries (LDCs) were among the first of a dozen new nations scheduled to leave the UN category for the most vulnerable low income states. Led by Vanuatu, which is scheduled to graduate in December 2020,...

A Critical Reflection on International Support for Least Developed Countries

New Commonwealth Secretariat International Trade Working Paper: International support to least developed countries (LDCs) falls in the areas of trade, development cooperation and assistance with participation in the inter-governmental process. With 10 years of the 2030 Agenda to go, and before the fifth 10-year Programme of Action for LDCs starts in...

Leaving no-one behind: New help for graduating least developed countries (part II)

By Dan Gay The first part of this series showed how rising inequalities in many least developed countries means that for many people graduation is not the end of the story. International donors and trading partners could help by further extending international support beyond graduation.  New post-graduation support measures are also necessary. These...

Leaving no-one behind: New help for graduating least developed countries (part I)

By Dan GayFollowing rapid progress, up to 12 LDCs may leave the category in coming years.The countries involved include up to a quarter of the total LDC population. Progress has been underpinned in some areas by international support measures for LDCs.Yet lingering – and in some cases worsening – inequalities mean that many people are being left behind. On...

Digits won’t replace states

I’m all for new technologies that subvert convention — but i’m cautiously sceptical about this piece on new multilateralism from Anne-Marie Slaughter in the Financial Times. I love the sentence “while antediluvian men strut back and forth on the world stage beating their chests, a different kind of multilateralism may be on the horizon.” ...

For the least developed countries, revitalising multilateralism is life or death

New op-ed on the UN Sustainable Development Goals site. By Daniel Gay and Kevin Gallagher The international system governing the environment and economy is under pressure. Globalisation itself is wobbling, to the chagrin of governments in rich and emerging economies. What’s less talked about is the effect on the world’s 47 least developed...

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