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Development Finance Takes ‘Private Turn’: Implications and Challenges Ahead

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  • María José Romero

Abstract

In recent years, policy debates on development finance have been dominated by how to ‘leverage’ international private capital flows for development projects. The outcome of the Third International Conference on Financing for Development, held in Addis Ababa in July 2015, also included an unchecked promotion of private finance through blended finance and public–private partnerships, even though these mechanisms do not have a great track record.

Suggested Citation

  • María José Romero, 2016. "Development Finance Takes ‘Private Turn’: Implications and Challenges Ahead," Development, Palgrave Macmillan;Society for International Deveopment, vol. 59(1), pages 59-65, June.
    • Handle: RePEc:pal:develp:v:59:y:2016:i:1:d:10.1057_s41301-017-0074-0
    DOI: 10.1057/s41301-017-0074-0
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    References listed on IDEAS

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    1. Jomo Kwame Sundaram & Anis Chowdhury & Krishnan Sharma & Daniel Platz, 2016. "Public-Private Partnerships and the 2030 Agenda for Sustainable Development: Fit for purpose?," Working Papers 148, United Nations, Department of Economics and Social Affairs.
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