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Remarks by World Bank Group President David Malpass at the G7 Hiroshima Summit Side Event on the Partnership for Global Infrastructure and Investment

· David Malpass, President of the World Bank Group (International)

Summary written by Dark Majestic in its own words · topics: public finances and debt, development and emerging economies, growth, investment and productivity

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· David Malpass Wiki · World Bank Group WikiRemarks by World Bank Group President David Malpass at the G7 Hiroshima Summit Side Event on the Partnership for Global Infrastructure and Investment

ContextRemarks by World Bank Group President David Malpass at the G7 Hiroshima Summit Side Event on the Partnership for Global Infrastructure and Investment.

Why it mattersMalpass proposes making infrastructure debt an investable asset class.

Problems raised
  1. Infrastructure development needs vast resources.
  2. Private capital is not flowing to developing countries.
  3. Infrastructure debt is hard to invest in.
Solutions proposed
  1. Create an investable asset class for infrastructure.
  2. Standardise financing instruments with verifiable results.
  3. Help countries attract private capital.
Read full speech on worldbank.org ↗

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