Publicly-backed Private Finance

Julia Ravenscroft

Over half of the World Bank's emergency funding to tackle the Coronavirus crisis goes to the private sector

  • Almost 60 per cent of the Bank’s fast track Covid-19 Facility (US$ 8 billion) is being allocated through its private sector arm, the International Finance Corporation (IFC)
  • Publicly available information indicates that as of June 2020, 68 per cent of IFC Covid-19 projects targeted financial institutions
  • It also shows that 50 per cent of IFC-supported companies are either majority-owned by multinational companies or are themselves international conglomerates
  • Publicly-backed Private Finance
  • Global Processes
Maria Jose Romero

Never let a pandemic go to waste: How the World Bank’s Covid-19 response is prioritising the private sector

The Covid-19 pandemic has triggered health, economic and social crises of unprecedented proportions that have the potential to seriously undermine the (already slow) progress made by developing countries towards achieving the Sustainable Development Goals.

  • Publicly-backed Private Finance
  • Global Processes
Maria Jose Romero

Development finance in times of Covid-19: Time for a rethink at the World Bank

Before Covid-19 most discussions on development finance were focused on using public money and institutions to ‘leverage’ private finance. The pandemic has, however, exposed the consequences of decades of austerity policies and privatisation strategies.

  • Publicly-backed Private Finance
  • Covid-19
Maria Jose Romero

IMF-World Bank Spring Meetings 2020: a world in crisis looks for leadership

The International Monetary Fund (IMF)-World Bank virtual Spring Meetings took place as global economic turmoil deepened

  • Publicly-backed Private Finance
Maria Jose Romero

The Spring meetings 2020: A make or break moment

The world is facing an unprecedented humanitarian crisis triggered by the outbreak of COVID-19. As the Bretton Woods Institutions (BWIs) deliver their virtual Spring Meetings, there are strong calls for an ambitious response.

  • Publicly-backed Private Finance
Maria Jose Romero

América Latina y la epidemia de Covid-19: una crónica de múltiples crisis (II)

Este es el segundo de una serie de artículos sobre el brote de coronavirus y su impacto en América Latina. En el primer artículo exploramos los factores subyacentes de la emergencia sanitaria, incluyendo las políticas de austeridad y una mayor participación del sector privado a través de las asociaciones público-privadas (APP) en los servicios de salud.

  • Publicly-backed Private Finance
  • Debt Sustainability
Maria Jose Romero

América Latina y la epidemia de Covid-19: una crónica de múltiples crisis (I)

Este es el primero de dos artículos que analizan cómo está afectando a los países de América Latina la epidemia de coronavirus. En este artículo, exploramos la naturaleza de los sistemas de salud de la región, incluida su dimensión de género, las recientes políticas de austeridad implementadas en varios países y los desafíos planteados por la mayor participación del sector privado en la atención sanitaria a través de, por ejemplo, las asociaciones público-privadas (APP).

  • Publicly-backed Private Finance
  • Debt Sustainability
Maria Jose Romero

Latin America and the outbreak of Covid-19: a chronicle of multiple crises (II)

This is the second in a series of articles on the outbreak of Covid-19 and the impact on Latin America. In the first article we explored the underlying factors of the health emergency, including the austerity policies and increased role of the private sector, through health public-private partnerships (PPPs).

  • Publicly-backed Private Finance
  • Debt Sustainability
Maria Jose Romero

Latin America and the outbreak of Covid-19: a chronicle of multiple crises (I)

In this article, we analyse how the Covid-19 outbreak is affecting Latin American countries and their ability to respond to the health emergency in an effective and equitable way.

  • Publicly-backed Private Finance
  • Debt Sustainability

In the dark: Secrecy and the Myingyan Public Private Partnership gas power plant in Myanmar

This report is by Recourse, a Eurodad member.

  • Publicly-backed Private Finance
  • Recourse