Brookings Institution: Development finance: Filling today’s funding gap
George Ingram, senior fellow for global economy and development at Brookings, and Robert A. Mosbacher, Jr., co-chair of the Consensus for Development Reform, discuss the role of development finance institutions (DFIs) and multilateral development banks (MDBs) in increasing foreign and domestic investment in low- and middle-income countries to achieve the Sustainable Development Goals (SDGs). The authors write, “Ramping up the engagement of DFIs and MDBs to facilitate much more private capital investment in developing countries could result in dramatic progress towards inclusive economic growth and opportunity…” (7/31).