This Joint Submission encourages governments to voice their concerns in order to reorient the Guidance toward a more internally consistent and balanced document that clearly sets its objective as sustainable development of the host country with fair and equitable allocations of risks and rewards, rights and responsibilities between the contract parties.
This edition of Perspectives contributes to the ongoing debate on infrastructure development in Africa by sharing snapshots of experience from around the continent, exploring questions about democratic participation, the role of human and environmental rights, and economic transformation.
Informed by the discussions at an international conference jointly organised by the German Development Institute, the Heinrich Böll Foundation and Stanford University on “Emerging Power or Fading Star? South Africa’s Role on the Continent and Beyond”, held 12–14 July 2016 in Cape Town, the articles gathered in this edition of Perspectives shed light on some of the nuances and challenges that define South Africa’s place in the world today.
For decades, the world of development banking was dominated by a few multilateral actors, foremost the World Bank Group as well as regional development banks. In recent years, some established banks have much expanded their scope of operation, while new actors and interests are moving in. A number of national development banks, for example from China and Brazil, have entered the international arena in a big way, often operating far outside of their respective home countries and becoming truly global actors.
