- Freitag, 19. April 2013 09.00 – 11.00 Uhr In meinem Kalender speichern
Leveraging private finance with public money: Positive innovation? Corporate welfare?
Leveraging private finance with public money: Positive innovation? Corporate welfare?
Date: Friday April 19th, 2013
Time: 9:00 AM – 11:00 AM
Venue: Heinrich Boell Foundation, 1432 K Street, NW, 5th Floor, Washington, D.C. 20005
(NE corner of McPherson Square, next to Pret a Manger)
The donor community, including the World Bank, are increasingly resorting to “leveraging” the private sector for development finance. This is not a new agenda but it has been amplified by the impact of the financial crisis on diminishing available amounts of ODA (which last year decreased for the first time since 1997 and is expected to continue doing so). While the public-private cooperation entailed by “leveraging” approaches has potential to do good, there are also justified concerns about the expectations that one can have about actors whose main driver is not a public interest, but profit maximization. Indeed, potential conflicts of interest, lack of accountability, moral hazard and risks to fiscal and debt sustainability are only some of the issues that analysts have identified and that need to be managed in interventions combining public-private finance.
Join us for a session to explore and discuss how modalities to “leverage” the private sector are beginning to appear in different ways in the World Bank and donors’ agenda, and the challenges they pose.
Speakers:
Jeroen Kwakkenbos, EURODAD, Public support for the private sector: Changing modalities and risks
Sasanka Thilakasiri, Oxfam International, Increasing use of financial intermediary lending and the implications on small holders and food security: CAO Audit and emerging concerns
Carlos Bedoya, LATINDADD, Leveraging private finance in Latin America
(TBC) Bretton Woods Institutions representative
Moderator:
Nancy Alexander, Heinrich Boell Foundation
RSVP with name and affiliation to rbw-assistant@coc.org
Date: Friday April 19th, 2013
Time: 9:00 AM – 11:00 AM
Venue: Heinrich Boell Foundation, 1432 K Street, NW, 5th Floor, Washington, D.C. 20005
(NE corner of McPherson Square, next to Pret a Manger)
The donor community, including the World Bank, are increasingly resorting to “leveraging” the private sector for development finance. This is not a new agenda but it has been amplified by the impact of the financial crisis on diminishing available amounts of ODA (which last year decreased for the first time since 1997 and is expected to continue doing so). While the public-private cooperation entailed by “leveraging” approaches has potential to do good, there are also justified concerns about the expectations that one can have about actors whose main driver is not a public interest, but profit maximization. Indeed, potential conflicts of interest, lack of accountability, moral hazard and risks to fiscal and debt sustainability are only some of the issues that analysts have identified and that need to be managed in interventions combining public-private finance.
Join us for a session to explore and discuss how modalities to “leverage” the private sector are beginning to appear in different ways in the World Bank and donors’ agenda, and the challenges they pose.
Speakers:
Jeroen Kwakkenbos, EURODAD, Public support for the private sector: Changing modalities and risks
Sasanka Thilakasiri, Oxfam International, Increasing use of financial intermediary lending and the implications on small holders and food security: CAO Audit and emerging concerns
Carlos Bedoya, LATINDADD, Leveraging private finance in Latin America
(TBC) Bretton Woods Institutions representative
Moderator:
Nancy Alexander, Heinrich Boell Foundation
RSVP with name and affiliation to rbw-assistant@coc.org