Global public investment: a critique

Klingebiel, Stephan
External Publications (2023)

published on devpolicy.org, 23.10.2023

In recent years, there has been a debate on so-called “Global Public Investment" or GPI. The ambition of GPI - to improve international cooperation - seems perfectly fine. However, it is rather difficult to find any reflections on the possible limitations of GPI. In my blog “Global Public Investment: a critique” I raise three main concerns: a distorted representation of development cooperation; a high degree of vagueness; and a lack of integration of real-world constraints.