This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...

This paper discusses the role that finance plays in promoting the capital development of the economy, with particular emphasis on the current situation of the United States and the United Kingdom. We define both "finance" and "capital development" very broadly. We begin with the observation that...

Sovereign Development Funds’ (SDFs) dual mandate of pursuing financial or commercial objectives alongside long-term strategic and developments goals presents several challenges. First, SDFs must identify why private capital are not allocated at sufficient scale to target sectors – which...

Unter veränderten weltpolitischen und weltwirtschaftlichen Konstellationen stellt sich die Frage, ob Entwicklungszusammenarbeit in ihrer jetzigen Form noch zeitgemäß ist. Sind ihre Ziele, Strukturen und Instrumente noch angemessen? Wie muss sie auf neue globale Herausforderungen reagieren,...