Fifty years ago, developing economies relied largely on foreign aid, through loans and grants to governments and NGOs, to facilitate growth. Not surprisingly, developed economies have moved from aid to investment models of financial diplomacy by combining development and investment models. The stability of developing economies has depended upon investments in social and human capital, as well as growth through investments in firms, infrastructure, and commerce by accelerating trade and development. This session will review cutting-edge models and discuss lessons learned through capital structures, financial policies, programs, and products that launch innovative finance models to address this dramatic convergence between developing and developed economies for the 21st century.

Moderator

Glenn Yago
Senior Director, Milken Innovation Center, Jerusalem Institute; Senior Fellow and Founder, Financial Innovations Labs, Milken Institute

Speakers

Richard Blum
Chairman, Blum Capital Partners L.P.; Founder, Blum Centers for Developing Economics, University of California, Berkeley

Michael Kashani
Global Head of ESG Portfolio Management, Fixed Income, Goldman Sachs Asset Management

Jonathan Medved
Founder and CEO, OurCrowd

Stephanie von Friedeburg
Chief Operating Officer, International Finance Corporation