A CGD Policy Working Paper. The total scale of incremental investment requirements in infrastructure in developing countries has been estimated at around USD 1 trillion a year, with a range of related studies suggesting numbers between $815 billion to $1.3 trillion. While all such numbers are open to considerable debate, and were not designed to measure the cost of delivering the specific SDG infrastructure targets, they suggest the likely scale of the financing challenge for an SDG agenda which includes universal coverage to adequate housing, water, sanitation, modern energy and communications technologies. The complexity of infrastructure finance in developing countries suggests that external private investment will remain a minor player in the financing of infrastructure for development. Nonetheless, reforms of development finance institutions and multilateral development banks alongside infrastructure pricing in recipient countries could considerably increase financial flows, and the Addis Financing Conference later this year could help provide the authorizing environment for such reforms.
This CGD Policy Paper focuses on invented or created technologies of the type that could (theoretically) be subject to patents and the potential for international agreements including the Addis Financing Conference to better create and share such technologies. It discusses the nature of invented technologies and the standard policy tools used to support its development. It then addresses two separate questions related to inventions and development: ‘what is invented’ and ‘how it diffuses.’ With this background, it goes on to discuss the role of policy tools including patents, tiered pricing, research support, advance market commitments, and prizes in creating development-friendly technology. It concludes with some recommendations for language to be inserted in the Addis Declaration
By 2030 we may have managed to eradicate being poor by the average definition two or three decades ago of the poorest 15 countries with available statistics updated by more or less reliable inflation and purchasing power numbers since then.... That's what happens when you have to change the method of calculating extreme poverty because your boss said it could be eradicated. For @BW.
[That said, should note that means in the last few years I've suggested (a) it may be possible to end extreme poverty defined as $1.25/day, which would be good; (b) that it wouldn't be good enough (c) if the SDGs are going to have the goal of ending extreme poverty we should fix the goal posts and (d) fixing the goalposts means that 'extreme poverty' will be increasingly removed from any country's actual definition of poverty...]