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rbw/post-2015-infrastructure-finance-new-debt-threat-february-2014

Post-2015 infrastructure finance: The new debt threat? (February 2014)

Rethinking Bretton Woods | Tue, Feb 11, 2014

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The Monterrey Consensus called for a debt architecture that promotes fair burden-sharing and minimises moral hazard. In a blog contributed to Overseas Development Institute’ s financing progress series, RBW Project Director Aldo Caliari reflects on how far the international community is from fulfilling this consensus. In particular he looks ahead to concerns relating to possibly unsustainable infrastructure debt post-2015 and urges caution regarding the fiscal risks of Public-Private Partnerships.