Within the framework of G20 2014 priorities, a first roundtable discussion was held on Wednesday, April 9 to advance a set of issues by proposing an extensive approach on the role of Multilateral Development Banks (MDBs) in reviving growth and investment financing, particularly in infrastructure. This session tried to address the comparative advantages of MDBs in providing long-term finance and their instruments to mobilize financing for investment and enhancing sustainable growth.

A consensus is emerging that structural reforms are now becoming a major priority to prevent secular stagnation. From the Eurozone, to China, to Asia, every region has implemented major changes in its growth model. Also, the G20 in their last communique in Sydney agreed to a GDP growth target of 2% in the next 5 years.

The purpose of the conference was to consider different solutions and tools to ensure the long-term stable development of the world economy, and to secure the support of the Draft World Anti-Crisis Plan Concept by the Asian Development Bank’s Board of Governors.