UNLOCKING PRIVATE SECTOR INVESTMENT IN FRAGILE STATES

31 January 2017 - 17:30 - 19:45
Viwanou Gnassounou, Harald Hirschhofer, Roberto Ridolfi, Nena Stoiljkovic
Introduction

The Development Policy Forum, led by Friends of Europe, will organise a Policy Insight on private sector investment in fragile states in partnership with the IFC on the occasion of its 60th anniversary. Building on its six decades of experience, the International Finance Corporation (IFC) partners with the private sector to create opportunity and promote inclusive growth in emerging markets.

Podcast

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Unlocking private sector investment in fragile states

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Projects
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The Development Policy Forum (DPF) led by Friends of Europe brings together a number of crucial development actors
Topics

Europe’s relationship with Asia and Africa is expanding, reflecting the increasing global importance of emerging economies. We track these developments through our Asia Programme and Europe-China Forum, and through our work looking at the EU vision and strategy towards China, India, Japan and ASEAN, and its role in the Asia-Europe Meeting.

Programme
17.30 – 18.00

Welcome and registration of participants

18.00 – 19.15

Unlocking private sector investment in fragile states

Investing in fragile states means contending with damaged infrastructure and trade, weakened institutions, destroyed regulatory framework, and political uncertainty. In the poorest countries, the challenges also include access to clean water and lack of primary education. Despite the odds, however, a number of fragile states have made — or are making — remarkable progress and rebuilding at a rapid pace. Countries emerging from conflict typically require immediate humanitarian support, aid, and, in some cases, the deployment of peacekeepers. To grow beyond aid dependency, a strong private sector is essential for providing goods and services, generating tax revenues, and creating employment opportunities. However in 2012, only 6% of total global FDI to developing countries went to countries on the fragile states list. Finding ways to mobilise the private sector in conflict-ridden countries or so-called frontier markets must therefore be a key priority.

• How can Official Development Assistance (ODA) be better used to catalyse non-aid flows and behaviours?
• What challenges and opportunities exist for the private sector to bolster resilience and stability?
• Will the newly released European External Investment Plan (EEIP) be able to stimulate sustainable investment in Africa and the Neighbourhood?
• What conditions would be necessary for the private sector to invest in emerging markets and deliver the expected development impact?

19.15 – 19.45

Networking cocktail

Moderators
Shada Islam
Director Europe & Geopolitics
Shada Islam is responsible for policy oversight of Friends of Europe’s initiatives, activities and publications. She has special responsibility for the Asia Programme and for the Development Policy Forum. Shada is the former Europe correspondent for the Far Eastern Economic Review and has previously worked on Asian issues at the European Policy Centre. She is closely involved with initiatives to promote Asia-Europe exchanges including within the context of ASEM (Asia Europe Meetings). As a journalist, Shada also worked extensively on development questions including relations between the EU and African, Caribbean and Pacific (ACP) states as well as on world trade, including the Doha Round. Shada continues to write on EU foreign and security policy, EU-Asia relations and trade and development issues for leading Asian, European and international publications.
Speakers
Viwanou Gnassounou
Assistant Secretary General for Sustainable Economic Development & Trade at the ‎African, Caribbean and Pacific Group of States (ACP) Secretariat
Harald Hirschhofer
Senior Adviser at The Currency Exchange Fund (TCX)
Roberto Ridolfi
Director for Sustainable Growth and Development at the European Commission Directorate General for International Cooperation and Development
Nena Stoiljkovic
International Finance Corporation Vice President, Blended Finance and Partnerships
Partners
Development Policy Forum
In partnership with
Registration
Clotilde Sipp, Programme Manager
Tel: +32 2 893 98 12
Email: clotilde.sipp@friendsofeurope.org
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