· David Malpass Wiki · World Bank Group WikiRemarks by President David Malpass at the Center for Strategic and International Studies on Strengthening of World Bank Delivery on Private Capital Facilitation
Read full speech on worldbank.org ↗ContextRemarks by President David Malpass at the Center for Strategic and International Studies on Strengthening of World Bank Delivery on Private Capital Facilitation.
Why it mattersMalpass presents blended finance to draw private money to poor countries.
Problems raised
- Private sectors are weak in developing countries.
- Private capital is not attracted.
- Losses are sometimes socialised.
Solutions proposed
- Strengthen private capital facilitation.
- Develop local capital markets.
- Use blended finance like SCALE.