Key Messages on the World Bank Group’s 2017 Guidance on PPP Contracts To promote the standardization of contracts for Public Private Partnerships (PPPs), the World Bank Group published its 2017 Guidance on PPP Contractual Provisions. How does the Guidance allocate risks to protect the state’s capacity to serve the public interest? These are the key issues in a legal analysis realized by Foley Hoag. By Motoko Aizawa
Summary Comments on the World Bank Group’s 2017 Guidance on PPP Contractual Provisions To promote the standardization of contracts for Public Private Partnerships (PPPs), the World Bank Group published its 2017 Guidance on PPP Contractual Provisions. Foley Hoag LLP found that the Guidance fails to allocate risks fairly or protect the state’s capacity to serve the public interest. By Foley Hoag
Submission to the World Bank Group and Summary Comments on the Draft Report on Recommended PPP Contractual Provisions With legal counsel, the Heinrich Boell Foundation prepared this submission to the World Bank Group's consultation on its draft Report on the 2016 Edition of its "Recommended PPP Contractual Provisions". It cautions that the draft "Contractual Provisions" put an inordinate level of risk on governments (with potential fiscal consequences); obstruct the state's "right to regulate" in the public interest (for instance, to protect the environment and human rights); prefer international (rather than domestic) settlement of disputes; and fail to adequately promote contract transparency. By Nancy Alexander
Globalization and the State’s Sovereign Right to Regulate in the Public Interest: the Case of Public-Private Partnerships (PPPs) in Infrastructure Author Nancy Alexander describes forces working against inclusive, sustainable globalization, including the recommended contracts for public-private partnership (PPPs) to deliver public services. By Nancy Alexander
Women 20 summit: Women’s empowerment should begin with tackling low wages The economic empowerment and participation of women cannot be limited to promoting female entrepreneurship. By Barbara Unmüßig
The New U.S. Administration and the German G20 Summit: 3 Things to Watch This article outlines what US hostility towards multilateralism might mean for the G20 Summit in Hamburg. Nancy Alexander points to three areas of concern: a possible shift of geopolitical alliances, disputes over a new course of global economy, and the future of sustainable development worldwide. By Nancy Alexander
G20 and Investment The G20 is promoting a new investment paradigm for itself and inviting the world to follow suit. What are the stated G20 goals and commitments in relation to this topic? What does “investment” mean? What is the progress so far and what are the challenges in relation to this topic? What is the desired future direction of the G20 with respect to the topic? By Motoko Aizawa
G20 in Hamburg: Setting directions towards a democratic multilateralism The G20 Hamburg Summit in July 2017 will be about nothing less than how globalization should be governed in the future. The G20 countries will have to respond to the key question of our times: How should a globalized world economy be coordinated for the benefit of all humanity against the backdrop of economic uncertainty, higher levels of inequality, climate change, refugees and migration? By Dr. Heike Löschmann