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CGD in the News
November 21, 2016
“After the destruction of the Zimbabwe dollar, anyone who believes that funny money bond notes will hold their value is delusional,” said Todd Moss, a senior fellow at the Center for Global Development. “If the bond notes are truly backed by U.S. dollars, there’s no reason no...
Blog Post
October 24, 2016
Foreign assistance has come a long way in becoming much more transparent. The idea, pushed by campaigns like Publish What You Fund and embodied in the International Aid Transparency Initiative, is that being more open about concessional aid will lead to less waste and more ...
Blog Post
October 11, 2016
Last week, AEI, CSIS, and CGD hosted a terrific forum with the heads of the British, German, Norwegian, and American development finance institutions (DFIs). It was billed as “$50 billion in one room,” a reference to the vast amounts of capital that these organizations bring to...
Multimedia
October 06, 2016
We know that private resource flows into the developing world far exceed anything governments might provide in official development assistance and that greater economic growth and jobs are needed to meet individual aspirations. How can DFIs help governments to rethink how they work with the private ...
Oct
6
2016
4:00—5:30 PM
September 20, 2016
Please join us for a unique event, where we will hear from the heads of five development finance institutions (DFIs) about how to unlock private resources for global prosperity. As public sector organizations set up to attract private wealth into development projects, these five DFIs together bring ...
Blog Post
July 13, 2016
The Senate Foreign Relations Committee recently took an interest in one key form of foreign aid—US economic assistance—convening a hearing to investigate the topic. We had high hopes going in and were pleased to hear all three of the hearing’s witnesses—Je...
Blog Post
July 07, 2016
With election-year events crowding out the legislative calendar, there’s only so many more opportunities for the Senate to show its commitment to development and its interest in improving US development policy. Legislators still have a week and a half in town, and we were encouraged to see the...
Blog Post
April 19, 2016
For years, the Overseas Private Investment Corporation (OPIC) has been attacked by a handful of organizations as corporate welfare. But, were the charges of corporate welfare actually true? My colleague Todd Moss and I spent months looking at the data to get an answer, and here it is: no. ...
POLICY PAPERS
April 04, 2016
The Overseas Private Investment Corporation (OPIC) is the US government's development finance institution. Balancing risks, financial needs, and development benefits is riven with numerous tensions, statutory restrictions, and tradeoffs. This raises an important policy question - how...