About this episode
The episode discusses the DSRB as a new financial institution aimed at enhancing collective security through various financial strategies.
Carney has described the DSRB as a "multilateral financial institution" aimed at mobilizing private capital for collective security. The bank is intended to function similarly to the World Bank or the European Investment Bank, but with a specific focus on: Lowering Borrowing Costs: Reducing the financial burden on governments for massive procurement projects, such as submarines, fighter jets, and over-the-horizon radar. Dual-Use Infrastructure: Financing projects that serve both civilian and military needs, particularly in the Arctic (e.g., ports, airstrips, and surveillance systems). Supply Chain Resilience: Supporting small and medium-sized enterprises (SMEs) within the defense sector to ensure domestic industrial bases aren't reliant on adversarial nations. Become a supporter of this podcast: https://www.spreaker.com/podcast/policy-and-rights--3339563/support .
People in this episode
Host: Michael Clogs
Topics covered
- multilateral financial institution
- collective security
- defense procurement
- infrastructure financing
- supply chain resilience
Keywords
- DSRB
- World Bank
- defense
- infrastructure
- supply chain
- military
- financial institution
Mentioned in this episode
Organizations: DSRB, World Bank, European Investment Bank
Places: Arctic
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