While recognizing the essential nature of rights, services and support for the safety and survival of the displaced, fairness, management of the various com- munity impacts of large numbers of new forcibly displaced arrivals and the im- plementation and capturing of the benefits of development, a central focus of the Report of the Commission is the potential for development and the methods and mec. [...] The recommendations in this Report aim at stimulating practical action for invest- ment and for employment of the displaced, or of the many poised to move and are intended to address situations in the low and middle income countries. [...] Also of importance in the proposal is the fact that, instead of making the public expenditure in the hope that the private sector will then find the environment and terms to its liking, the transactional procedure would normally have the Merchant Bank commit to the arrangements as part of a contract for the investment, including the participation of the private sector that is sought. [...] The gaps and deficiencies to be addressed by the actions of the Merchant Bank, thus, within reasonable limits and on fair risk/reward terms, are: · proactive dedication to the search for opportunities, despite the time required and fewer successes; · holistic sponsorship, including detailed feasibility, assistance in negotiating accommodating policy, addressing of impediments and de-risking; · pro. [...] There is an immediate public interest and political case for the proposed methods and mechanisms of the Merchant Bank - an economic ‘win’ for donor country businesses, for hosts, for the displaced, and for the world at large; while also contributing to the curtailment of unmanaged immigration.
- Pages
- 7
- Published in
- Canada
