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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IMAGE CREDIT: CC / FLICKR – AMISOM Public Information

Projects
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The Development Policy Forum (DPF) led by Friends of Europe brings together a number of crucial development actors. This includes the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the Agence Française de Développement (AFD), the Japan International Cooperation Agency (JICA), the European Investment Bank (EIB), the United Nations, the World Bank and Coca-Cola to contribute to the global and European conversation on development.

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

Moderator
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 issues related to the Future of Europe, Migration, the Asia Programme and the Development Policy Forum. Shada is Visiting Professor at the College of Europe (Natolin) where she teaches Asia-Europe relations and has been selected as a fellow by the Vrije Universiteit Brussel (VUB). She has been named as one of twenty most influential women in Brussels by Politico. Shada is the former Europe correspondent for the Far Eastern Economic Review and has previously worked on Asian and Migration issues at the European Policy Centre. She is one of the authors of Friends of Europe’s much-read “Frankly Speaking” commentary and is sought after as a speaker, commentator, columnist and moderator at high-level European and global events. Shada also continues to write on EU foreign and security policy, EU-Asia relations and trade and development issues for leading Asian, European and international publications and academic journals.
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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