This letter has been sent to the EU Heads of State and Govermnent on the 4th December 2018.
Publicly-backed Private Finance
Eurodad and CONCORD open letter to the FAC: Multiannual Financial Framework 2021-2027 - Heading VI
This letter was sent to the Foreign Affairs Council on 26 November 2018.
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The problem with Public-Private Partnerships and the role of the EU
Public-Private Partnerships are a deeply worrying trend and carry far more risk for the state than for the private companies involved, writes Enrique Guerrero Salom.
This article was originally published in the Parliament Magazine.
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Annual Meetings round-up: As uncertainty reigns in the global economy, there are strong calls for a rethink of Fund and Bank policies
With the country still reeling from the devastation of the Sulawesi tsunami, Indonesia played host to the Annual Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG), in Bali last week. The sobriety of the moment was reflected in gloomy forecasts from the IMF, which issued stark warnings of debt and trade risks to global growth. Meanwhile, controversy surrounded the World Bank’s new Human Capital Index; the 2019 World Development Report; and the ‘private finance first’ approach at the core of the Bank’s Maximising Finance for Development. CSOs and academics raised their voices to shine a light on the risks that the policies of the Bretton Woods Institutions (BWIs) posed to human rights and sustainable development across the Global South. Eurodad presented new research on the harmful impacts of Public-Private Partnerships and on IMF loan conditionality, and facilitated dialogue on better creditor coordination to solve debt crises.
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Report exposes how PPPs across the world drain the public purse, and fail to deliver in the public interest
A new report exposes how public private partnerships across the globe have drained the public purse and failed to deliver in the public interest.
- Publicly-backed Private Finance
History RePPPeated - How public-private partnerships are failing
Public-Private Partnerships are increasingly being promoted as the solution to the shortfall in financing needed to achieve the Sustainable Development Goals. This report gives an in-depth, evidence-based analysis of the impact of ten PPP projects across four continents, in both the global south and the global north.
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Argentina: 20 años después, ¿realmente han cambiado los métodos del FMI?
This is a Spanish version of the article: Argentina: 20 years on, has the IMF really changed its ways? It has been initially published at FARN website.
En julio, los argentinos experimentaron un déjà vu con los anuncios del gobierno de despidos masivos y congelamiento de salarios como parte de las medidas de ajuste ligadas a un préstamo del Fondo Monetario Internacional (FMI). Miles de funcionarios públicos se ven obligados una vez más a asumir duras medidas de austeridad. De acuerdo con el programa del FMI se introducirán medidas selectivas de asistencia social para compensar la situación.
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C20 Argentina: The G20 plan to create an infrastructure ‘asset class’ must be shelved, and replaced with a plan to increase and improve public investment in infrastructure
Eurodad report shows the G20’s plan to develop an ‘infrastructure asset class’ to encourage private investment in developing countries is fundamentally flawed and must be shelved.
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C20 Argentina: El plan del G20 para convertir la infraestructura en una ‘clase de activo’ debe ser archivado y reemplazado por un plan para aumentar y mejorar la inversión pública en infraestructura
Un informe de Eurodad concluye que el plan del G20 de desarrollar una ‘clase de activo a partir de la infraestructura’ para alentar la inversión privada en los países en desarrollo es un gran error y debe ser archivado.
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Three compelling reasons why the G20’s plan for an infrastructure asset class is fundamentally flawed
Few doubt the need for significant global investment in sustainable infrastructure. Without better social and economic infrastructure, such as hospitals, schools, railways and sanitation, the prospect of achieving the Sustainable Development Goals looks increasingly remote.
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