Discover and read the best of Twitter Threads about #MaximisingFinanceForDevelopment
Most recents (2)
fascinating indictment of pandemic bonds, that trigger too late (if at all), and do nothing for what poor countries need most: improved core health services capacity to respond on the ground to the outbreak.
pandemic bonds also illustrate why WB #MaximisingFinanceForDevelopment (aka WallStreetConsensus) will never deliver on its core promise that global finance should be central lever for achieving SDG.
It does deliver nice returns though - Libor + 11%, with no risks
It does deliver nice returns though - Libor + 11%, with no risks
in fact, Maximising Finance for Development does the opposite of what @olga_02138 suggests countries should do to increase preparedness for pandemics: it privatises health services via PPPs not increase public investment in core health services.
my @FTAlphaville guest post - @WorldBank's Maximising Finance for Development agenda is constructing a new financial world order with #shadowbanking at its core @KevinPGallagher @AnnPettifor @BJMbraun @ingridharvold @eurodad ftalphaville.ft.com/2018/10/29/154…
post develops at greater lengths ideas of our open letter to #am2018bali , signed by 120 scholars from Global North & South, also addressing questions from @CarterPaddy criticalfinance.org/2018/10/10/the…
I also ask whether the African Development Bank's synthetic securitisation deal deserves the kind of unreserved celebration it has received - what kind of development agenda does it finance @SonyKapoor
