Ideas to Action:

Independent research for global prosperity

Publications

 

Front cover of Charles Kenny's policy paper on five principles for DFIs
October 9, 2019

Five Principles for Use of Aid in Subsidies to the Private Sector

There is a significant and ongoing ramp-up in support for explicitly subsidized official development finance to the private sector around the world, but its role remains poorly defined. Lessons from the aid effectiveness literature as a whole and principles on effective use of aid suggest the need for approaches that do not merely finance the marginal private investment. 

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.

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.