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Blog Post
June 30, 2021
The US International Development Finance Corporation (DFC) is the $60 billion agency that’s supposed to catalyze investment to capital-starved countries, bolster job-creation in emerging markets, and support US foreign policy. The BUILD Act which created the DFC was a bipartisan bill, carefully craf...
Blog Post
June 10, 2020
The DFC has three mandates: (1) deliver development outcomes, (2) support US foreign policy, and (3) don’t lose money by financing only commercially viable projects. DFC’s predecessor agency, the Overseas Private Investment Corporation (OPIC), sometimes struggled to balance these (often conflicting)...
Blog Post
April 16, 2020
Think tanks are supposed to float new ideas to make government work better. One such crazy idea that started with Ben Leo and me turned into the US International Development Finance Corporation (DFC). How did this possibly happen? And what might we learn from this experience?