When you think about Multilateral Development Banks (MDB) like the IDB, you normally think about public sector investment. But can the public sector arm of an MDB also mobilize private investment? The answer is yes. Here is how: Global challenges, changing demographics, and investment decisions If you had to go back in time to 1980 and had some extra cash to invest, you would … [Read more...] about Boosting impact of development projects in the public sector with private investments
Measuring impact is key to meet the Sustainable Development Goals
What do nearly 200 CEOs of the world’s biggest companies have in common? They have recently committed to run their businesses for the benefit of all stakeholders–customers, employees, suppliers, communities, and shareholders. This high-profile declaration echoes mounting interest across the corporate and investment worlds in achieving positive social and environmental impact … [Read more...] about Measuring impact is key to meet the Sustainable Development Goals
Are multilateral banks really supporting countries in times of need?
Does it happen to you that you carry an umbrella almost always in case it rains, and never need to use it except -of course- when it’s raining, and it’s precisely then that you realize that you forgot it? Isn’t it the case on any given day walking outside, that we are willing to pay more for an umbrella when it is pouring than when it is sunny? The umbrella is a device that … [Read more...] about Are multilateral banks really supporting countries in times of need?
Transparency and Technology: How Citizens can Track Public Money
Facebook posts that include pictures result in an average of 180% more interactions compared to simple text posts. Including photos in LinkedIn increases the probability of having comments by 98%. The same thing happens on Twitter. How are these statistics relevant to transparency policies? Very simple. If a country wants to provide open access to information about public … [Read more...] about Transparency and Technology: How Citizens can Track Public Money
Are temporary contracts harming productivity in Colombia?
Did you know that job contracts can affect a country’s GDP? It makes sense. Employment contracts have an impact on employee performance. If, as an employee, you have no intention of staying at your job for the long term, your lack of commitment will likely reduce your firm’s productivity, which in turn can reflect negatively on your country’s productivity and its GDP. Temporary … [Read more...] about Are temporary contracts harming productivity in Colombia?