The High Cost of “De-Risking” Infrastructure Finance
The World Bank recently started advising governments to assume the bulk of the risk in public-private partnerships, so as to attract more private-sector players. But in addition to introducing an unacceptable moral hazard, this guidance is creating a possible doomsday scenario for debt-saddled developing countries around the world.
You might also be interested in
Plastics Treaty Must Remain Ambitious — We Can’t Give Up Now
The last round of the plastics treaty negotiations in Busan, South Korea, did not result in a deal, but the momentum is palpable. We must seize this opportunity and keep working toward an ambitious treaty that addresses the entire plastics life cycle.
An OECD Deal on Ending Oil and Gas Export Credits is Urgently Needed. Here’s What it Could Look Like
The EU, United Kingdom, and Canada have introduced a proposal to end oil and gas financing by export credit agencies at the OECD. Pressure is building to reach a deal by the end of 2024.
Agricultural Subsidies: A case for Uganda
Jane Nalunga and Jonathan Lubega examine Uganda's agricultural subsidies, offering recommendations for redesigning them to foster sustainability.
Agricultural Subsidies in India: A critical balancing act
Ranja Sengupta explores the socio-economic impact of agricultural subsidies in India and underscores the need for effective policy adjustments.