G20 an the BRICS UPDATE #21: Bulldozing Consensus on (Infrastructure) Investment

G20 an the BRICS UPDATE #21: Bulldozing Consensus on (Infrastructure) Investment

Oct 10, 2014
Heinrich Boell Stiftung
Place of Publication: Berlin
Date of Publication: October 2014
Number of Pages: 17
Language of Publication: English

In this Issue, we look at how poor governance bulldozes consensus beyond the public eye, as the G20 is doing with regard to most aspects of its Global Infrastructure Initiative, which will be launched at the November Summit. The initiative will privatize aspects of governance in order to move from "retail" to "wholesale" investment strategies through use of “pooled funds” to finance large “portfolios” of public private partnership (PPP) projects (despite their demonstrated high failure rate). Below, part 1 reviews aspects of the G20’s Global Infrastructure Initiative and part 2 reviews the performance evaluation of World Bank-financed PPPs over a decade.

Enjoy!

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