T20 Argentina associated event
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.
Topics for discussion:
- Multilateral approaches to the improvement of investment environments in developing countries: practical implementation for international financial entities.
- Enhancing knowledge and data collection to provide opportunities for institutions to share countries’ experiences.
- 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.
- Cross-institutional policy coordination for effective resource development and prevention of challenges to the environment.
Moderator: Dr. Vladimir Yakunin, Founder DOC-RI
Gabriel Lanfranchi, Co-chair of T20 Task force #2 on Climate Change and Infrastructure Development ,Director of Cities Programme, CIPPEC
José Siaba Serrate, Chair from CARI at the Task Force of Finance
Dr. Pablo Ava, Co-chair Policy & Research, T20 Argentina, Professor, Universidad de Buenos Aires, Head of Policy and Research, Argentina Council of Foreign Relations
Mr. Gustavo Martínez, Managing Director, Consejo Argentino para las Relaciones Internacionales (CARI)
Prof. Augusto Soto, Member of United Nations Global Experts, Lecturer at ESADE, Director Dialogue with China Project
Dr. Sebastien Goulard, Founder of Cooperans, Founder and coordinator of OBOReurope
Dr. Thorsten Jelinek, Director of Taihe Institute, Europe Center; Former Associate Director of the World Economic Forum
Mrs. Gaukhar Nurgalieva, Head of Eurasian Studies Lab at the Institute of Emerging Markets Studies (IEMS) at the Skolkovo School of Management in Moscow
Mr. Dimitris Psarrakis, Economic & Monetary Policy Advisor, European Parliament (Greece)
Dr. Valentine Udoh James, Editor-in-Chief: Journal of Sustainable Development in Africa (JSDA)
Mr. Martino Tran, Assistant Professor; Co-Director: MEL Urban Systems PhD (Oxon) SCARP | MEL
Attendance is by prior registration only.
More pictures there.