Departmental Papers

Private Finance for Development: Wishful Thinking or Thinking Out of the Box?

ByHilary Devine, Hoda Selim, Preya Sharma, Ludger Wocken

May 14, 2021

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Format: Chicago

Hilary Devine, Hoda Selim, Preya Sharma, and Ludger Wocken. "Private Finance for Development: Wishful Thinking or Thinking Out of the Box?", Departmental Papers 2021, 011 (2021), accessed 12/5/2025, https://doi.org/10.5089/9781513571560.087

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Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.

Subject: Development, Expenditure, Income, Infrastructure, National accounts, Private investment, Public investment and public-private partnerships (PPP), Sustainable Development Goals (SDG)

Keywords: Africa, Asia and Pacific, Development Finance, finance flow, Global, Income, Infrastructure, investment risk, Middle East, participation reform, Private investment, public funds, Public investment and public-private partnerships (PPP), Sub-Saharan Africa, Sustainable Development Goals, Sustainable Development Goals (SDG), targeted government incentive