Ideas to Action:

Independent research for global prosperity

Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

How Transparent Are Development Finance Institutions?

Foreign assistance has come a long way in becoming much more transparent.  The idea, pushed by campaigns like Publish What You Fund and embodied in the International Aid Transparency Initiative, is that being more open about concessional aid will lead to less waste and more accountability. So what about non-concessional development finance? As the importance of development finance institutions (DFIs) grows, how transparent are they?

Traffic Lights Could Help OPIC Balance its Three Competing Policy Objectives

America’s development finance agency is constantly being pulled in three directions. The primary mandate of the Overseas Private Investment Corporation (OPIC) is to promote development by catalyzing private capital from US firms in emerging and frontier markets. OPIC is also supposed to support US foreign policy by making commercial investments aligned with diplomatic, security, or democracy objectives. Lastly, OPIC must operate on a commercial basis so projects are both sustainable over the long-term and cost nothing to US taxpayers.

Why Is DfID Pushing Solar-Only When Africans Say They Want On-Grid Electricity?

Yesterday the UK government formally launched its much-awaited Energy Africa campaign, which aims to accelerate electricity access for rural Africans. In a surprise move, DfID’s new plans include only support for small-scale solar power solutions. Typically these systems provide just enough power for a LED light bulb or two and a cellphone charger (see here and here for a few DfID favorites).

A Global Prosperity Agenda for the 2016 Election – The White House and the World

What does the 2016 election mean for America’s future position in the world?  It’s likely too early to tell at this stage of the campaign cycle.  Many of the early Republican contenders — such as Jeb Bush and Scott Walker — have been relatively quiet on foreign policy issues or have focused almost exclusively on Iran, Israel, and Russia.  That’s to be expected at this point.  Yet, other candidates — like Marco Rubio and Lindsey Graham — are already outlining a more comprehensive vision for advancing American interests.

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