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BRIEFS
April 11, 2017
Since 1971, the Overseas Private Investment Corporation (OPIC) has served as the US government’s development finance institution. OPIC works to mobilize private capital to address development challenges while advancing US foreign policy priorities—furthering strategic, development, econo...
Blog Post
March 27, 2017
With big cuts to US bilateral and multilateral assistance looming, the House Committee on Financial Services convened a hearing to investigate accountability and results at the World Bank. Scott Morris, CGD’s director of the US Development Policy initiative (DPI),...
Multimedia
March 22, 2017
The headline figure revealed in the "skinny budget" was 28.4 percent cuts to the State Department, USAID, and international programs. When other areas of spending directly relevant to development are considered, the actual level of cuts is over 30 percent. What do these cuts mean for ...
BRIEFS
March 20, 2017
The US Agency for International Development (USAID) is the lead US development agency, managing roughly $20 billion in annual appropriations. The agency operates in over 120 countries, including the world’s poorest and most fragile. Its work spans a wide range of sectors, supporting humanitari...
BRIEFS
March 17, 2017
Treasury’s Office of International Affairs works with other federal agencies, foreign governments, and international financial institutions to strengthen the global economy and foster economic stability. The United States’ international engagement through Treasury supports our national e...
BRIEFS
March 17, 2017
State Department guidance underscores the importance of its work in furthering development: “The surest path to creating more prosperous societies requires indigenous political will; responsive, effective, accountable, and transparent governance; and broad-based, inclusive economic growth. Without t...
Blog Post
March 16, 2017
So it turns out the “skinny budget” released by the White House is really just a press release—a sprinkling of numbers amidst a lot of assertion and characterization of the real budget that is yet to come. When it comes to foreign assistance, the skinny budget doesn’t quite k...
Blog Post
March 15, 2017
Big cuts are likely coming to the State Department and USAID. So how can the US make the best use of fewer foreign assistance dollars in future? That was the subject of a heated debate at CGD earlier this week. CGD’s Scott Morris, the director of our US ...