The DFC’s New Equity Authority

Introduction On October 5, 2018, the United States passed an important piece of foreign policy legislation—the Better Utilization of Investment Leading to Development ( BUILD) Act. The BUILD Act modernizes the United States’ development finance institution—the Overseas Private Investment Corporation (OPIC)—and transforms it into a new agency called the U.S. International Development Finance Corporation (DFC). The …

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Will Many Developing Countries Get Old Before They Get Rich?

In the next 20 years , much of the developing world is going to experience aging, with profound implications for the future of those countries and for the future of the world. For much of the last 60 years, the entire focus of global development has been on population growth as a result of more births than …

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Competition or Coordination: Coronavirus in the Developing World

How will the United States respond as the coronavirus spreads through the developing world, and what role will China play? In times of crisis, the United States has always taken a global leadership role. In light of the spreading coronavirus, it should again lead a global coalition to address the crisis in the developing world. …

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Empowering Women through Skills and Workforce Development

Under normal circumstances, the heavily guarded Naval Support Facility Thurmont (or Camp David as it is more commonly known) would have had the opportunity to host the leaders of the Group of Seven (G7) powers this summer. And among their priorities would have been the opportunity to strengthen their collective commitments to tackle the pressing …

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The Importance of the IADB: Historical Perspectives and Future Directions

In this episode, Dan is joined by Eugenio Díaz-Bonilla, head of the Latin American and Caribbean Program at the International Food Policy Research Institute (IFPRI). During their conversation, the duo discuss the importance of regional development banks (RDBs)—in particular, the Inter-American Development Bank (IADB)—at a time when three of the four RDBs' presidencies are up …

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Power Africa: Lessons Learned and the Future of Electrification

The Power Africa Initiative was launched by the Obama administration in 2013 and was housed under USAID. The Initiative brings together technical and legal experts from 12 different federal government agencies and over 130 civil society and private sector partners. Today, it has closed over 126 transactions in the region, commissioned and operationalized 56 power …

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Connecting the Blue Dots

quality global infrastructure: the Blue Dot Network (BDN). The initiative holds promise and should be encouraged, but it also raises nearly as many questions as the cosmos. The BDN was announced by the United States, Japan, and Australia in November 2019 at the Indo-Pacific Business Forum in Thailand. Together, the three allies aim to certify infrastructure projects …

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Metals are the new oil – with all the geopolitical and environmental complications

For good or for ill, metals are the new oil. We need more “rare earths” and “everyday earths” to build the technologies of the future and make real a carbon transition. The geopolitics around mines, minerals, and the processing of metals are heating up. For that reason, the U.S. needs a more sophisticated strategy to …

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