How can the development community truly harness the power of this cooperation and come together to achieve the Sustainable Development Goals? Last month, the Center for Global Development again hosted the Development Leaders Conference, this time in Beijing in partnership with the Asian Infrastructure Investment Bank (AIIB).
CGD Policy Blogs
This piece was first published by Friends of Europe, please see the original article here.
The Wise Persons Group Report on Europe’s Development Finance Architecture: Merger, Acquisition, or Reinvention?
Earlier this month, the long-awaited report on the future of the European financial architecture for development was released. Are the report’s proposals feasible? And crucially, do they offer a magic bullet to the intractable state of the European development finance system? I argue that although some of the proposals go some way towards offering a solution to the current problem, politics will undoubtedly trump logic, and we will—at least in the near future—be left with a stalemate.
As the EU considers providing policy-based lending, Mikaela Gavas and Hannah Timmis outline what this support might look like, and discuss what the value-add of the EU Commission would be.