Reclaiming Public Development Banks to finance a sustainable and equitable recovery post Covid-19

1st December 2020

Reclaiming Public Development Banks to finance a sustainable and equitable recovery post Covid-19

Public development banks (PDBs) are in a unique and powerful position to play a key role in the post Covid-19 recovery.

Following efforts to frame policy responses to the Covid-19 pandemic under a ‘building back better’ approach, this paper aims to contribute to a debate that focuses on reclaiming public banking for the public good.

It presents the challenges that most PDBs face, including the fact that their operations have been skewed toward private interests over and above the public interest.

Report by Eurodad