From Devex.com July 13th- reporting on the latest Financing for Development Conference ((FFD3) in Addis.
“Some worry putting too sharp a focus on using aid as leverage risks neglecting the need for public funding to countries or sectors private investment is unlikely to reach. ” This is all about the value of the alliance of public and private money or PPP. Its a debate which has been a long time coming. The question is – are PPPs serving the interests of the recipients or the donors ?? OR – are they about building domestic capacity in recipient countries or more about finding politically convenient, and risk
On a recent CGD blog Birdsall wrote about the rationale for and the reorganization of the World Bank. “Short of a new vision, (the World Bank) faces an existential threat of growing irrelevance and obscurity as rising incomes in big emerging markets reduce the demand for and logic of the bank’s country loan model.”