Ideas to Action:

Independent research for global prosperity

Publications

 

Cover of Policy Paper 116
January 17, 2018

Comparing Five Bilateral Development Finance Institutions and the IFC

Development Finance Institutions (DFIs)—which provide financing to private investors in developing economies—have seen rapid expansion over the past few years. This paper describes and analyses a new dataset covering the five largest bilateral DFIs alongside the IFC which includes project amounts, standardized sectors, instruments, and countries. The aim is to establish the size and scope of DFIs and to compare and contrast them with the IFC.

Cover of Policy Paper 115
January 17, 2018

Inside the Portfolio of the International Finance Corporation: Does IFC Do Enough in Low-Income Countries?

IFC’s portfolio is not focused where it could make the most difference. Low income countries are where IFC has the scale to make a considerable difference to development outcomes. While an excessive portfolio shift might imperil IFC’s credit rating, the evidence suggests that there is considerable scope for increasing commitments to low income countries without significant impact to IFC’s credit scores.

Should Countries Be More Like Shopping Malls? A Proposal for Service Performance Guarantees for Africa
September 17, 2014

Should Countries Be More Like Shopping Malls? A Proposal for Service Performance Guarantees for Africa

Many developing countries have made progress in political openness and economic management but lag in terms of attracting private sector investments, at least outside of narrow resource-based enclaves.These countries may have recognized potential but have not yet established the reputation needed to sustain investment through the inevitable political and policy shocks that take place in most countries. The concerns that deter investors are many but can be broadly classified into high costs that that prevent global competitiveness and high actual or perceived risks.

Alan Gelb , Vijaya Ramachandran and Alice Rossignol