Nancy Lee of the Center for Global Development has argued that donors should create “special purpose vehicles” or off-balance-sheet investment funds that would shift the risk from the donor onto an outside entity.
A study by the Center for Global Development concluded that by using a combination of debt, equity, and guarantees from development finance institutions or MDBs, $1 of public sector resources should generate over $5 of private capital investment.
The Center for Global Development think tank said a review of 535 public-private infrastructure deals funded in the region in those years showed that China's investments dwarfed those of other governments and multilateral development banks.
