The Institute of Statistical, Social and Economic Research (ISSER) partnered with Development Initiatives (DI) in organizing a roundtable meeting to discuss global public investment, a new innovative approach for mobilizing resources to finance development in the global south. The event brought together a representative group of stakeholders from academia, civil society, government organizations, and the media in Ghana to exchange knowledge and ideas, with the aim to deepen understanding of how the financing model would potentially work in the Ghanaian context.
The collaborative event makes ISSER one of six national partners across six countries in Africa, two each in West Africa, East Africa and Southern Africa, identified to collaborate with DI in their effort to foster awareness and understanding of GPI.
Held on the topic “The quest for Global Public Investment (GPI): Rethinking Development Assistance,” the event featured a presentation by DI officials, highlighting, among other issues, the challenges associated with current global financial architecture, the workings and the three principles of GPI, namely, all countries contribute, all countries benefit, all decide. This was followed by an animated interaction session where participants shared various questions and comments – which were valuable in enriching the discussion and bringing light to important local perspectives.
ISSER Director, Prof. Peter Quartey welcomed participants and expressed ISSER’s delight and commitment to partner with the global DI organisation. He touched on GPI’s potential to complement existing development finance mechanisms and advance resource mobilization – a topic that, according to him, is an important research theme of ISSER and has been the subject of several research projects and publications by the Institute, including the annual State of the Ghanaian Economy Report (SGER) and the Ghana Social Development Outlook.
At the end of a productive session, the DI officials were full of thanks to ISSER and the participants for their valuable roles in making the meeting a success. They expressed the hope that the relationships and partnerships developed would be sustained.
The roundtable meeting was held on June 27, 2023 at the ISSER conference center. It was followed by media engagement to help reach out to a broader audience.
The recording of Africa GPI Engagement Lead, Dr. Anthony Mveyange’s interview with an Accra-based TV station can be accessed here.