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CGD Policy Blogs

 

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?

Is OPIC Focused on the Private Sector’s Biggest Constraints?

In an ideal world, development finance institutions (DFIs) should focus on the biggest constraints for businesses in developing countries. This helps to expand their impact beyond a single project or investment, thereby producing more systemic benefits. However, this is a particularly challenging issue for many DFIs given their operating models, which are typically driven by investor priorities.

Is OPIC Corporate Welfare? The Data Says...

For years, the Overseas Private Investment Corporation (OPIC) has been attacked by a handful of organizations as corporate welfare. But, were the charges of corporate welfare actually true?  My colleague Todd Moss and I spent months looking at the data to get an answer, and here it is: no

World Food Program Finance Innovation Could Cut Hunger

This is a joint post with Owen McCarthy.

At the next meeting of its Executive Board in Rome on November 8, the management of the World Food Programme (WFP) will propose an expanded financing facility to the tune of $557 million to fund advance purchases of food. This is a welcome news that has the potential to cut hunger, by stretching WFP dollars and speeding deliveries.