
Disrupting Development Finance
The challenge today for multilateral development banks is not how to mobilize excess savings but how to catalyze abundant capital for development.
The challenge today for multilateral development banks is not how to mobilize excess savings but how to catalyze abundant capital for development.
With the “Belt and Road” initiative, the fast establishment of the Asian Infrastructure Investment Bank, the construction of ports and railways in Africa and elsewhere, and by pushing green energy, China is demonstrating what has been lost in the West in recent times.