Based on a neoclassical growth model for open low income economies this paper shows that development strategies, which rely on net borrowing abroad lead to a position of sustainable foreign indebtedness (provided that all capital imports are used for investment financing), but turn out to be...

Considerable amounts of capital will be necessary if a green transformation is to be financed in the coming years. This paper gives a short introduction to the challenge of mobilizing the required resources, particularly from private and institutional investors. More specifically, it provides an...