October 2017

World Bank must stop promoting 'dangerous' public-private partnerships

Brussels/Washington DC, October 11 2017. A new campaign aimed at reversing the dangerous rush to promote expensive and high-risk public-private partnerships (PPPs) was launched on October 11 by civil society organisations from all over the globe. 

The campaign’s manifesto - launched during the World Bank and International Monetary Fund annual meetings in Washington DC - demands that western governments, the World Bank and other development banks stop prioritising PPPs over traditional public borrowing to finance social and economic infrastructure and services. 

The Monterrey Consensus, 14 Years Later by Aldo Caliari

The International Conference on Financing for Development (FFD or ‘the Conference’) was held in Monterrey in 2002. More than 50 heads of State and Government, over 200 ministers of finance, foreign affairs, development and trade, attended it. From an institutional and process perspective, FFD’s features and ambitions made it unique among conferences convened by the United Nations.

Development Vol. 59.1/2 explores strategies and proposals on Financing for Development

SID's quarterly journal Development Vol. 59.1/2 explores visions, strategies and proposals on Financing for Development that challenge the notion that trillions of dollars are needed to pursue sustainable development. Real progress requires something that money cannot buy: political commitment and policy change.