Stephen Spratt - Research Fellow
T: +44 (0)1273 915799
Dr Stephen Spratt's research interests relate to development finance, financial sector reform and regulation, socially responsible investment (SRI), the emerging climate change financing architecture and the intersection between these issues.
Professionally, he has been Head of the Sustainable Markets Group at IIED, Research Director at the New Economics Foundation and a Lecturer in international finance and development at the University of Reading. He has also worked in the private sector in the City of London, as Head of Research at Intelligence Capital Limited, Senior Investment analyst with Global Asset Management Limited and a Visiting Fellow in the Global Research Department at State Street Bank & Trust.
Stephen holds a BA from the University of East Anglia, an MSc from the School of Oriental and African Studies (SOAS), University of London, and a DPhil from the Institute of Development Studies, University of Sussex.
Understanding and Enhancing the Role of Business in International Development: A Conceptual Framework and Agenda for Research
It is now commonplace for development policy makers to refer to the contributions of businesses to the achievement of development goals and the importance of collaborations between businesses and development agencies. More details
How Does Financial Regulation in Low-Income Countries Affect Growth and Financial Stability?
Without effective regulation, financial systems can become unstable, triggering crises that can devastate the real economy. However, there is another side to regulation. The primary purpose of finance is to facilitate productive economic activity. The avoidance of crises creates the foundation for this, but does not guarantee it is done well: financial regulation has a profound effect on the ability of the financial system to perform this function. More details
Environmental Taxation and Development: A Scoping Study
This paper reviews the potential of one type of mechanism to address both goals simultaneously: environmental taxation. More details
Aid for Nutrition: Maximising the Impact of Nutrition-Sensitive Interventions
This paper develops a diagnostic framework to help prioritise nutrition-sensitive interventions in a situation where evidence is both limited and unevenly distributed. More details
Development Finance Institutions and Infrastructure: Findings from a Systematic Review of Evidence for Development Additionality
By leveraging private investment, Development Finance Institutions (DFIs) aim to reduce the infrastructure financing gap in the developing world. This article summarises the findings of a Systematic Review of the evidence on the development impact of DFI support for private participation in infrastructure. More details
What is Business and Development? An Annotated Bibliography
This annotated bibliography provides an exhaustive collection of resources on the topic of Business and Development. More details
Mobilising Investment for Inclusive Green Growth in Low-Income Countries
Low income countries (LICs) require very large investments if they are to move to a trajectory of inclusive green growth. The most important sector for inclusive green growth is energy, both in terms of increasing generation from renewable sources, and improving the efficiency with which energy is used. This paper explores how additional private investment can be attracted into the energy sectors of LICs in both these areas at the scale and in the form needed. More details
What Next for the BRICS Bank?
A new development bank to be created by the 'Rising Powers' of Brazil, Russia, India, China and South Africa (BRICS) is intended to promote greater cooperation between developing countries, and address what is seen by many as a history of misguidance and underinvestment by the World Bank and the International Monetary Fund (IMF). More details
Food Price Volatility and Financial Speculation
Understanding better the relationship between financial markets and food price volatility is the motivation for this paper. More details
Aid for Nutrition: Using Innovative Financing to End Undernutrition
Focusing on the 36 countries with a high burden of undernutrition, the study examines three questions: How much funding is required to achieve the Scaling Up Nutrition (SUN) objectives for direct nutrition-specific interventions over the next ten years? How can this funding be allocated between domestic and external sources within the SUN framework? How can the funds which are coming from external donors be raised? More details
Development Finance Institutions and Infrastructure: A Systematic Review of Evidence for Development Additionality
This report is a systematic review of evidence for the Private Infrastructure Development Group (PIDG) to see how Development Finance Institutions are performing with regards to investment in infrastructure. More details
Executive Summary - Development Finance Institutions and Infrastructure: A Systematic Review of Evidence for Development Additionality
The executive summary of the systematic review of the evidence for the Private Infrastructure Development Group (PIDG) to see how Development Finance Institutions by Stephen Spratt (IDS) and Lily Ryan-Collins (Engineers without Borders). More details
Financing Renewable Energy in Developing Countries: Mechanisms and Responsibilities
This paper reviews the instruments currently in use to finance renewable energy in developing countries,and considers those that have been proposed but not yet fully employed. More details
Climate Finance: a tool-kit for assessing climate mitigation and adaptation funding mechanisms
The aim of this paper is to understand the changing landscape of climate finance and suggest a portfolio of mechanisms which would move us closer to the level of financing required to meet mitigation and adaptation costs in developing countries. More details
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