Never let a pandemic go to waste: turbocharging the private sector for development at the World Bank

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Main author: Dimakou, Ourania
Other authors: Romero, Maria Jose
Van Waeyenberge, Elisa
Format: Journal Article           
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id eprints-33492
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description This article scrutinises the first four months of the World Bank Group’s Covid-19 response and reveals a persistent prioritisation of private over public interests. The Group’s private sector arm, the International Finance Corporation, and its financial sector clients, have prevailed in terms of emergency resource allocations. And, while support from the Group’s public sector arms has been portrayed as aiming to strengthen public systems, recipient countries have been urged not to forego structural reforms in support of the private sector. This includes an enhanced focus on public–private partnerships to deliver ostensibly public services. The institution has seized the current crisis as an opportunity to intensify its “Maximising Finance for Development” approach.
format Journal Article
author Dimakou, Ourania
author_facet Dimakou, Ourania
Romero, Maria Jose
Van Waeyenberge, Elisa
authorStr Dimakou, Ourania
author_letter Dimakou, Ourania
author2 Romero, Maria Jose
Van Waeyenberge, Elisa
author2Str Romero, Maria Jose
Van Waeyenberge, Elisa
title Never let a pandemic go to waste: turbocharging the private sector for development at the World Bank
publisher Taylor and Francis
publishDate 2021
url https://eprints.soas.ac.uk/33492/

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