Economic Development
When Essential Infrastructure Projects Involve Exceptional Risk, No Sector Can Go It Alone
At the World Bank’s Multilateral Investment Guarantee Agency, Laura Alonzo ’96 mobilizes private investment in the developing and conflict-wracked economies that need it most.
Can capital overcome the past?
A South African government program aimed at addressing deep historical inequities enabled a union-owned investment fund to build up enough capital to reach around the globe. The mostly black workers in the union now own a piece of a hotel chain in the Middle East and a clean-energy company in Pittsburgh. How much can be learned from this success?