Ideas to Action:

Independent research for global prosperity



March 17, 2015

Bringing US Development Finance into the 21st Century: Proposal for a Self-Sustaining, Full-Service USDFC

The imperative for US development finance has increased significantly due to a number of factors over the last decade. There is growing demand for private investment and finance from businesses, citizens, and governments in developing countries. Given the scale of challenges and opportunities, especially in promoting infrastructure investments and expanding productive sectors, there is an increasingly recognized need to promote private sector-based solutions. 

April 3, 2014

Balancing Energy Access and Environmental Goals in Development Finance: The Case of the OPIC Carbon Cap

The international community has ambitious goals for responding to climate change and increasing global access to energy services. To date, these agendas have been viewed to be largely complementary. However, policy makers are now facing more explicit interactions between environment, energy, and economic and social development objectives and associated trade-offs.

Todd Moss , Roger Pielke, Jr. and Morgan Bazilian
August 14, 2013

OPIC Unleashed: Strengthening US Tools to Promote Private-Sector Development Overseas

A strengthened OPIC—more efficiently deploying existing tools at no additional budget cost—would (1) increase US commercial access in emerging economies, (2) reflect economic, social, and political priorities in developing countries, (3) promote flagship US initiatives during austere budget conditions, and (4) support stability in fragile or frontline states.

June 18, 2013

A Robust and Nuanced US Policy Response to Zimbabwe’s Narrow Democratic Window

After 33 years in power, Robert Mugabe is running for yet another term. To put this in perspective, jump forward to the year 2041 and imagine that President Obama is still President, has deployed the FBI, CIA, and US Marines to crush his domestic opponents, and is then running again for another term. Unthinkable? That’s the situation in Zimbabwe today. This is therefore a timely opportunity to shape U.S. policy, not only because Zimbabwe is facing a critical juncture, but also because I am increasingly concerned our government may be sleepwalking down the wrong path. Before making recommendations for U.S. policy, let me make three analytical points.

June 12, 2013

Oil-to-Cash Won't Work Here! Ten Common Objections

This paper lists—and attempts to address—the most serious objections to Oil-to-Cash. The response to many objections is to ask about a plausible counterfactual (how do cash transfers compare to the alternative policy options?). Others warrant a clearer articulation of available evidence or ways to mitigate real worries through smart program design.

October 9, 2012

Soft Lending without Poor Countries: Recommendations for a New IDA

The Future of IDA Working Group shows how IDA could adapt to changing circumstances. By 2025, IDA-eligible countries will be half as large in number and one-third as large in population; they will also be almost exclusively African and much lower performing economically. The working group explores the options available to IDA, from small tweaks to the status quo to bold alternatives for the future.

December 20, 2011

Direct Redistribution, Taxation, and Accountability in Oil-Rich Economies: A Proposal - Working Paper 281

To enhance efficiency of public spending in oil-rich economies, this paper proposes that some of the oil revenues be transferred directly to citizens, and then taxed to finance public expenditures. The argument is that spending that is financed by taxation—rather than by resource revenues accruing directly to the government—is more likely to be scrutinized by citizens and hence subject to greater efficiency.

Shantayanan Devarajan , Hélène Ehrhart , Tuan Minh Le and Gaël Raballand