US Development Policy

Last week, DFC held its fourth and final board meeting concluding its first year in operation.  DFC approved close to $8 billion in 2020, a significant rise from OPIC annual program which stood at $3-4 billion in recent years. This year the institution also deployed its new equity instrument to...

It’s also become increasingly clear that while regional compacts represent an important new tool in MCC’s toolbox, they’re likely to remain a limited part of the agency’s overall portfolio, in large part because of MCC’s country eligibility requirements. This blog outlines the limitations and poses ...

President-elect Biden has stated his intention to rebuild values-based alliances and reassert the United States’ role in promoting democracy abroad. Limiting the spread of the digital authoritarianism model that China has pioneered at home and abroad will be key to this effort. To succeed, the US mu...

On December 15, the Millennium Challenge Corporation’s board of directors will hold its annual country selection meeting (the last of the Trump administration), identifying which countries will be made newly eligible for the agency’s funding. Every year CGD’s US Development Policy team highlights ke...

When President-Elect Biden takes office in January, he will face a daunting set of challenges in the US wrought by the COVID-19 pandemic. His administration’s core agenda will necessarily be shaped by the twin imperatives of containing the virus itself and supporting Americans as they weather the ec...