Ideas to Action:
Independent research for global prosperity
The Biden administration has a unique window to capitalize on pro-transparency sentiment at home, and the reform momentum abroad, to implement a series of much-needed updates to the US domestic financial transparency apparatus.
Swift and orderly action on international debt is a moral, political, economic, and security imperative for the United States. A series of disorderly and protracted debt crises would be catastrophic for the world’s poorest countries. A Biden administration can raise the G20’s ambition level to avert a global debt crisis and strive to forge a consensus around a COVID-19 debt framework.
The ability of the US International Development Finance Corporation (DFC) to fulfill its promise of becoming a full-fledged, impact-focused development finance institution depends in part on how it leverages the expertise and resources of other US government development agencies.
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