A new report exposing how public private partnerships (PPPs) across the globe have drained the public purse, and failed to deliver in the public interest, was launched at the Annual Meetings of the World Bank in Bali. The report entitled “History RePPPeated: How public private partnerships are failing” compiles no less than 10 case studies, showing how and why each PPP project failed to provide value-for-money, transparency and/or humane infrastructure projects.
Meetings of G20 officials during the April 2018 Spring Meetings of the IMF and World Bank set in motion revolutionary and lasting changes in the mission and organization of global financial governance.
By Nancy Alexander
Corporate lobby groups have created a broad network of influence channels around the G20, with the Business20 (B20) at its core. At the G20 Sherpa meeting in Frankfurt on 23-24 March the B20 presents its policy recommendations to the governments. It is time to counterbalance the corporate influence in the G20.
The scale of the infrastructure and PPP initiative championed by the G20’s national and multilateral banks could privatize gains and socialize losses on a massive scale. The G20 should take steps to ensure that this scenario does not unfold.
The collaborative publication of the Panama Papers in the first week of April revealed in an unprecdented level tax evasion via the Panamanian lawyer’s office Mossack Fonseca - this article examines lessons for the EU.
The fight against corruption in the Middle East and North Africa has gone through several ups and downs. Four years after the “Arab Spring”, when demands to eradicate corruption took center stage, we thought it is time to shed some light on the evolution of this issue in the MENA region.
In which fields is investment needed in order to drive forward a green economic remodeling and generate sustainable growth? How should the financial system be organised in order to release enough capital for ecological innovations and investments? This publication attempts to answer the above questions from various perspectives.
As old methods have lost credibility, some governments, economists and international institutions like the UN Environment Programme have adopted a new approach, based on the view that nature is an “ecosystem service” provider. In doing so, they have shifted the onus of addressing environmental risk onto the private sector and market-based mechanisms.