School of Economics | Development Banks Needed to Finance Sustainable Development

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12 Nov Development Banks Needed to Finance Sustainable Development

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Jomo Kwame Sundaram and Anis Chowdhury Public or state development banking will be vital to achieving the Sustainable Development Goals, argues UNCTAD’s Trade and Development Report 2019 (TDR 2019). Ongoing World Bank led efforts seek to leverage private finance via shadow banking by using public money to guarantee handsome returns managed...