The challenge of international development requires a medley of ideas. At the Multilateral Investment Fund, we work in an array of topics that are at the forefront of efforts to spur the economic development of the private sector in Latin America and the Caribbean. Each week, this blog "Trends" brings you our latest research and thinking. 

Our complete list of blogs can be found here.

Open data + increased disclosure = better public-private partnerships

By David Bloomgarden

The benefits of open and participatory public procurement are increasingly being recognized by international bodies such as the Group of 20 major economies, the Organisation for Economic Co-operation and Development, and multilateral development banks. Value for money, more competition, and better goods and services for citizens all result from increased disclosure of contract data. Greater openness is also an effective tool to fight fraud and corruption.

Emerging markets attract record $126 billion in clean energy investment

By David Bloomgarden

With climate change an increasing concern, clean energy technologies are an attractive alternative. What’s more, development of these new, low-carbon technologies—including biomass, geothermal, hydro, solar, and wind—can help reduce poverty in developing countries and enhance their energy security.

Boot camps to kick-start public-private partnerships in the Caribbean

By David Bloomgarden

The concept of public-private partnerships is in vogue in the Caribbean. Some governments mistakenly believe that PPPs allow the private sector to build and maintain infrastructure like roads, and provide public services like wastewater treatment, with little cost to the public sector. This is not the case. However, in certain PPP projects, private-sector efficiencies can allow governments to deliver much-needed and improved infrastructure and services with greater value to society.

Social impact bonds are coming to the tropics

By David Bloomgarden

The challenges of providing education and formal employment, encouraging the empowerment of women, and stemming the rise in chronic diseases continue to be serious concerns throughout the developing countries and emerging markets of the world. Institutional roadblocks,  mistrust between governments and investors, inconsistent and low-quality delivery of services, and a simple lack of funds have at times made it impossible to find solutions to these issues.

The “Latinization” of public-private partnerships: What the world can learn from Latin America and the Caribbean

By David Bloomgarden

Also published on The Huffington Post

The world can learn from the experience of Latin American and the Caribbean in mobilizing private investment in public infrastructure and services. Let me begin with the fact that among emerging markets, Latin America and the Caribbean accounts for the largest share of public-private partnerships (PPPs) for the development of public infrastructure and the performance of public services. In the first half of 2014, the region had 49 projects worth $36.1 billion, which represented 71 percent of PPP investment in emerging market countries, according to the 2014 Global PPI Update, produced by the Public-Private Partnership Group of the World Bank and the Private Participation in Infrastructure (PPI) Database.