Briefing paper
The role of development finance institutions in enabling the technology revolution
Publisher
Fourth Industrial Revolution
Industry 4.0
Innovation
Financial services industry
Sustainable development
Description
The fourth industrial revolution is fast disrupting the global economic, political, and social norms and institutions. Developing countries, who are also undergoing a massive demographic disruption, will feel this revolution's impact the most. Without the right human capital and adequate financial investments, developing countries will likely miss out on the promises and potential offered by this revolution.
By strategically recalibrating their focus, development finance institutions (DFIs) can position themselves as critical players. DFIs can help channel private investments into new technologies and help emerging markets accelerate their efforts to achieve the sustainable development goals.
Publication Details
Copyright:
Center for Strategic and International Studies 2019
License type:
All Rights Reserved
Access Rights Type:
open
Post date:
25 Jun 2019