Gallagher and Springer Argue for Renewed U.S.-China Collaboration
Kevin Gallagher, Professor of Global Development Policy at the Frederick S. Pardee School of Global Studies at Boston University and Director of BU’s Global Development Policy Center (GDP Center), published an article for The China Africa Project arguing for greater economic collaboration between the United States and China.
Gallagher co-authored the article, titled “Banks, Not Tanks: Regaining the Spirit of Nixon’s 1972 Visit to China,” with Cecilia Han Springer, Assistant Director at the GDP Center’s Global China Initiative. In recognition of the 50th anniversary of President Richard Nixon’s visit to China, Gallagher and Springer make the case for renewed U.S.-China collaboration towards rewiring the world economy and setting it on a pathway to a low-carbon future. As the world’s two largest economies, both the U.S. and China can help bolster developing economies by providing development financing and investments through the Build Back Better World (B3W) initiative and Belt and Road Initiative (BRI) respectively. While relations between the two countries are strenuous and the newer U.S.-led initiative seems framed as a counter to BRI, Gallagher and Springer argue that it should be viewed as “a parallel effort to meet shared goals in addressing global development finance needs in a low-carbon and inclusive manner.”
The full article can be read on The China Africa Project‘s website.
Kevin Gallagher is a professor of global development policy at Boston University’s Frederick S. Pardee School of Global Studies, where he directs the Global Development Policy Center. He is the author or co-author of numerous books, including most recently, The Case for a New Bretton Woods (Wiley, 2022). Read more about Professor Gallagher on his Pardee School faculty profile.