DOC co-hosts T20 Argentina associated event

“Capacity Building for Infrastructure Development in Emerging Economies” - a round table

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Capacity-building for infrastructure development in emerging economies

Infrastructure development is an important factor that allows for sustainable economic growth, and provides a solid starting point for the steady ascension of social well-being indicators in the long run. Countries with emerging economies are interested in sustainable infrastructure development, but due to their high short-term costs, do not have the resources needed to support vital infrastructure projects. The difficult investment environments in emerging economies usually dissuades developed countries and other interested stakeholders, making external support of infrastructure development an unviable option. While fast-growing developing countries show certain progress on a global scale, their capacities are strictly limited by existing capital account imbalances and growing inequality worldwide. To make developing countries move along the path of sustainable infrastructure development, the rates of foreign direct investments from developed countries should sufficiently rise and multilateral development institutions (World Bank, International Monetary Fund, EBRD, EIB, AIIB, UNCTAD etc.) should focus on providing more support to emerging economies.

Globalisation processes, backed by digital transformations, provide unique opportunities for further development of high-end solutions, the stimulation of overall productivity, and the emergence of new sources of green energy. Infrastructure projects not only enable global trade, investment, and economic development, but also have a strong impact on social development.

Under these circumstances the emergence of new kinds of cross-institutional and cross-border regional entities, aimed at the development of territorial cohesion and increased cooperation within and across borders, is highly anticipated. Such entities may take a multilateral approach, which would address the aims, needs, and requests of all stakeholders.

The Public Private Partnership (PPP) model provides an innovative funding solution for infrastructure, as it is an important instrument for attracting private investment to enhance public funds. PPPs have a successful track record of leading to single-country projects that attract private investment for companies, commercial banks, multilateral organisations, and development institutions. If structured properly, PPP projects typically enjoy stable and predictable cash flows over periods of 20-30 years.

 

T20 Argentina

On 30th of May the DOC Research Institute Berlin headquarter will co-host T20 Argentina associated event where various experts will discuss multilateral approaches to the improvement of investment environments in developing countries: practical implementation for international financial entities, ways and practices of stimulating public private partnerships and investment in infrastructure projects, fostering people-to-people cooperation for sustainable cohesion in preventing possible economic disruption and terrorism threats and other related questions on infrastructure development. Among the participants of the round table will be representatives of T20 programme, NGOs, European Parliament, journalists. The round table will be moderated by Dr. Vladimir Yakunin, Co-Founder of the DOC Research Institute.

Find more about event and speakers here.

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