Suchergebnisse

A public Green Investment Bank can catalyze a socially just and environmentally sustainable future.

This volume presents the first systematic review of public bank lending in the water sector in the Global South. Many public banks have an explicit mandate to finance public water management, yet despite a resurgence of interest in public banks and the role they can play in sustainable development, their role in funding water management has been largely ignored. Drawing on case studies from Asia, Africa and Latin America, this book measures the scale and nature of interaction between public banks and public water operators for the provision of safe drinking water and sanitation. It identifies challenges and opportunities for deeper engagement between public banks and public water operators in the Global South and highlights promising practices, showcasing how these might be transferred to different regions and different sectors. Each case study is based on in-depth interviews with public banks that have funded public water operators, and public water operators that have borrowed from public banks, including Banco Popular in Costa Rica, the Development Bank of the Philippines, the National Bank for Agricultural and Rural Development in India and the TIB Development Bank in Tanzania. Overall, this book provides a critical analysis of the potential of public banks to address global water security issues. This book will be of great interest to students and scholars of water resource management, water and health, sanitation and sustainable development. It will also be of interest to professionals and policymakers working with public and development banks in the supply of safe water and sanitation for all. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.

Covid-19 has dealt a devastating economic blow around the world. From individuals who can no longer afford to pay for food, to SMEs unable to cover their rent, to national governments struggling with their balance of payments and skyrocketing health expenditures, the economic impacts of Covid-19 have been sweeping in scope and depth. Although little discussed in the mainstream media, public banks have been on the front lines of dealing with this economic and health crisis, playing a critical role in stemming financial collapse, supporting households and communities, and channeling resources towards essential health and public services. Public banks provide supportive credit, fiscal assistance, expert advice and macro-economic stability in ways that private financial institutions are often unable or unwilling to do. This book offers detailed case studies of public bank actions from around the world, critically examining their policy responses to Covid-19. We identify 'best practices' in dealing with the current crisis as well as highlighting the changes needed to make public banks more equitable, democratic and sustainable in the future.

A comprehensive study of the historical and contemporary changes in banking, finance and development in Turkey, with analysis of the impact of the global financial crisis and a critical account of how neoliberal financial transformation has been consolidated in Turkey