a lot of reports here to review and compare with the world's number 1 partnership in development finance and education www.fazleabed.com

CSIS: A Thought Leader in Development Finance Email not displaying correctly? View it in your browser.

CSIS: A Thought Leader in Development Finance   January 11, 2020 On October 5, 2018, the Better Utilization of Investments Leading to Development (BUILD) Act was signed into law amidst broad bipartisan Congressional support. The most significant foreign policy legislation in more than a decade, the Act reforms and modernizes the U.S.’ development finance capabilities and establishes the new U.S. Development Finance Corporation (DFC). To understand the importance of this legislation better, CSIS has answered the critical questions in The BUILD Act Has Passed: What’s Next? For nearly two years, the CSIS Project on Prosperity and Development has led the policymaking community in shaping the BUILD Act and (since its enactment into law) supported the U.S. government's efforts in establishing the new DFC. Just over one year after the passing of the Act, Vice President Mike Pence held the ceremonial swearing-in of Adam Boehler who had been confirmed by the U.S. Senate in September 2019, as the first Chief Executive Officer of the DFC. With Congress clearing the legislation to fund the federal government for FY 2020 on December 19, DFC received the authorization for its inaugural funding and is now fully functioning. In light of this, CSIS would like to take a moment to share highlights from some of the work it has undertaken on this subject: Strategizing for the DFC In September 2019, ahead of the BUILD Act's one-year anniversary, CSIS released a new report on “Strategic Directions for the United States International Development Finance Corporation (DFC).” The report crafts a strategic vision for the next 5-10 years of the DFC and explains how this new agency can support key U.S. national security priorities.   Testimonies On November 15, 2017, CSIS Senior Vice President Daniel F. Runde, testified before the House Foreign Affairs Subcommittee on Asia and the Pacific on "Development Finance in Asia: U.S. Economic Strategy Amid China's Belt and Road."  He emphasized the need for the United States to respond to China by expanding its development finance toolkit. Shortly after, Mr. Runde wrote a commentary titled “DFIs Drive the Development Agenda to Center Stage” on December 6, 2017.  He stated the 600 percent increase in DFI funding is just one sign of the growing importance of deploying development funding with an eye towards stimulating the growth of private sectors in developing countries.  On May 10, 2018, Mr. Runde testified before the Senate Committee on Foreign Relations on “Modernizing Development Finance.”  Similar to his House testimony, Mr. Runde emphasized the importance of creating new development finance mechanisms to catalyze the growth of developing countries’ private sectors better. David Bohigian joins Daniel Runde on "Building the Future" In his August 30, 2018, Building the Future podcast, Mr. Runde interviewed David Bohigian, former Executive Vice President of the Overseas Private Investment Corporation (OPIC). They discussed the changing role of OPIC and how the BUILD Act could revolutionize the development finance efforts of the United States. The Quality Infrastructure Agenda Partnering with the Ministry of Foreign Affairs of Japan, CSIS released a report titled “Financing and Implementing the Quality Infrastructure Agenda” on September 4, 2018. The report highlighted the importance of developing international standards for infrastructure to ensure the vast number of infrastructure projects that are projected to be built over the next few decades will be high-quality. In April 2019, CSIS partnered with the Energy for Growth Hub and convened the Working Group on U.S. Development Finance for Infrastructure, and issued three main recommendations: i) focus on creating investment opportunities relating to Smart Cities, ii) aggressively invest in energy infrastructure and technology, and iii) do not ignore the importance of investing in digital infrastructure. Finally, in the lead-up to the 2019 G20 Summit in Osaka, CSIS partnered with the Ministry of Foreign Affairs of Japan to release a policy brief on “Achieving Sustainability through Quality Infrastructure” on June 21, 2019. The report identified three critical vectors for sustainable infrastructure: prudent fiscal and debt structures, transparent and open systems, and resilient and environmentally sustainable projects. The Global Infrastructure Taskforce Co-chaired by former U.S. trade representative Charlene Barshefsky and former national security advisor Stephen J. Hadley, CSIS launched the Global Infrastructure Task Force to help forge a bipartisan, public-private consensus on a strategy for U.S. success in today’s global infrastructure build-out. Co-directors CSIS Senior Vice Presidents Matthew P. Goodman and Daniel F. Runde, along with other experts and members of the taskforce, recommended catalyzing private sector financing, bolstering U.S. government expertise and coordination in strategic infrastructure, and tightening coordination with allies by articulating a global vision. The Enterprise Funds In September 2018, CSIS scholars Daniel Runde and Romina Bandura also released a new report called “Time for a Third Wave of Enterprise Funds.” In the report, the authors call on the United States to launch a third wave of enterprise funds and recommend countries and regions where these new funds would have the most significant impact. An Increasing Need for DFIs On February 13, 2019, CSIS released a brief entitled “Development Finance Institutions: Plateaued Growth, Increasing Need.”  The brief contrasts the recent plateau in development finance volumes with the need for funding to increase in the future. Aligning Blended Finance and Private Investment In the March 27, 2018 report “Blended Finance and Aligning Private Investment with Global Development,” CSIS Senior Associate Conor Savoy reviewed the current situation of development finance, identified areas for increased blended finance, and posed questions for the future.  In particular, Savoy focused on the need to create structures capable of scaling-up cooperation between the public and private sectors as much of the current work between the two happens on an ad hoc basis.   The Evolving Development and Technological Landscape CSIS partnered with FinDev Canada and Swedfund to produce a brief on “The Role of Development Finance Institutions in Enabling the Technology Revolution” on June 17, 2019.  CSIS’s experts identified five actions DFIs can take to enable technology revolutions in developing countries including filling the “early-growth” funding gap for innovative businesses, engaging with venture capital firms and impact investors to scale up their investments, and helping developing countries create more investor-friendly environments by improving their regulatory frameworks, increasing state capacity, and deepening capital markets. Investment Facilitation Revisited Following up on a 2013 report on investment facilitation, CSIS partnered with CrossBoundary to test and evaluate how the recommendations of the previous report worked in practice in Investment Facilitation Revisited.  This new report on investment facilitation, released in September 2019, found that factors such as lack of infrastructure, institutional voids, high finance costs, and coordination failures continue to inhibit fragile countries’ growth but can be lessened by an increased commitment to investment facilitation by international donors. Innovations in Guarantees In partnership with the UK-based CDC Group, CSIS conducted a study on innovative uses of financial guarantees to leverage private capital in lower-middle-income and low-income countries. Through a new report released in October 2019, "Innovations in Guarantees for Development," CSIS examines how bilateral and multilateral agencies can scale up their use of guarantees and leverage private capital in these markets. New Missing Middle in Development Finance Finally, in November 2019, CSIS released a new brief that examined how blended finance tools that are available with bilateral institutions like the DFC can be used to structure an appropriate investment vehicle that can catalyze private capital and bridge the gap between the high-risk and low-risk stages of innovation. Bipartisan Taskforce on U.S. Foreign Assistance CSIS convened a bipartisan taskforce in 2017 chaired by Senators Jeanne Shaheen and Todd Young on “Reforming and Reorganizing U.S. Foreign Assistance” in response to an executive order asking all federal departments and agencies to submit reorganization plans that will “improve efficiency, effectiveness, and accountability.”  The task force recommended USAID remain independent, reorganize personnel and procurement systems, and generate savings by eliminating duplicative or outdated programs. For more information on our work on development finance and other topics, visit us on our website: https://www.csis.org/programs/project-prosperity-and-development.     Click to subscribe to our international development podcast, featuring Senior Vice President Daniel F. Runde. The Center for Strategic and International Studies (CSIS) is a bipartisan, nonprofit organization founded in 1962 and headquartered in Washington, D.C. It seeks to advance global security and prosperity by providing strategic insights and policy solutions to decisionmakers.

xx

44 episodes

Hosted by Dan Runde, William A. Schreyer Chair and Director, Project on Prosperity and Development, Building the Future explores topics at the intersection of global development, foreign policy, and national security. In each episode, Dan sits down for a discussion with a leading expert from government, the private sector, and international organizations to discuss the challenges and opportunities facing the world today.

 

Building the Future: Freedom, Prosperity, and Foreign Policy with Dan RundeCenter for Strategic and International Studies

• • Government

• •  

    4.2, 11 Ratings

1. • DEC 11, 2019

   Campaign Finance: Does Money Matter?

   Campaign Finance: Does Money Matter?

   In this episode, Dan is joined by Brian Chatwin, president of Right Country Lists, to discuss how financial factors can drive political campaign structures. They examine advertising methods, the weaponization of donor transparency, and how privacy laws affect international election processes. Their conversation then shifts to a discussion about whether there is genuinely too much money in politics and the importance of an open and fair election process.

   • 25 min
2. • NOV 27, 2019

   Unlocking Africa's Innovation Agenda

   Unlocking Africa's Innovation Agenda

   In this episode, Dan is joined by Patrick Awuah, the founder and president of Ashesi University in Ghana. Dan and Patrick discuss Patrick’s recently published chapter in a book entitled Practicing Development: Upending Assumptions for Positive Change. They also discuss Africa’s youth employment challenge, how education and economic development are complementary, and the changing attitudes around the role of higher education institutions in international development. Patrick describes how Ashesi University has a unique higher education model and is an incubator for African youth entrepreneurship. Additionally, they analyze domestic resource mobilization and democracy trends in sub-Saharan Africa, and the new African free trade agreement.

   • 19 min
3. • NOV 13, 2019

   How the U.S. Should Respond to China's Strength

   How the U.S. Should Respond to China's Strength

   In this episode, Dan is joined by Dr. Jonathan Ward, author of China’s Vision of Victory, to discuss China’s ambitions for the world and how the United States should respond. Jonathan explains that in order to continue leading a free world, the United States must focus on the source of China’s strength: its economic might. His recommendations include the United States more effectively trading with its allies, integrating its allies in Europe and in Japan, and ramping up funding for research and development.

   • 21 min
4. • OCT 31, 2019

   Leveraging Change in UN Organizations

   Leveraging Change in UN Organizations

   In this episode, Dan is joined by Catherine Bertini, former executive director of the World Food Programme, as they discuss Catherine’s recent report for the Chicago Council on Global Affairs entitled, “Leading Change in UN Organizations.” The conversation is focused broadly on what it means to lead a UN organization. They discuss Catherine’s recommendations for reforms within the UN system, specifically targeted to incoming heads of UN agencies to maximize success in the first one hundred days in their roles. Additionally, they discuss Catherine’s distinguished career and her important work on improving gender parity within UN agencies.

   • 18 min
5. • OCT 16, 2019

   Infrastructure Development in "God's Own Country" Kerala

   Infrastructure Development in "God's Own Country" Kerala

   In this episode, Dan is joined by Rick Rossow, CSIS Wadhwani Chair in U.S.-India Policy Studies, as they host two senior bureaucrats from the Indian state of Kerala, Tom Jose and Sanjeev Kaushik. They all discuss how Kerala is becoming a force to be reckoned with and how infrastructure development can take them to the next level. Additionally, they explain why transportation, water, and solid waste management are of high priority for the state; and the role of various development partners in financing Kerala's infrastructure plans.

   • 24 min
6. • OCT 2, 2019

   DDR Explained: Disarmament, Demobilization, and Reintegration in Afghanistan

   DDR Explained: Disarmament, Demobilization, and Reintegration in Afgh…

   In this episode, Dan sits down with Dean Piedmont, Senior Advisor for Disarmament, Demobilization, and Reintegration (DDR) at Creative Associates, where Mr. Piedmont leads the charge in implementing DDR programs in various countries. Dan and Mr. Piedmont discuss the trends, challenges, and successes of past DDR programs, and how they can be redesigned for integration into Afghanistan. Their conversation touches on the critical role of stakeholders and builds a potential strategy for an Afghanistan program.

   • 25 min

• © CSIS 2018

Customer Reviews

4.2 out of 5

11 Ratings

 

Ccatarinasantos, 10/11/2016

Great Podcast!

A very insightful and entertaining series of podcasts! It's a must for everyone interested in foreign affairs.

mohamed alsafi18, 05/04/2019

Great speakers VERY BAD host

The host has to ask and shut up

snc009, 09/06/2018

Good content, but stop talking over guests

The content and guests are fantastic, but the presenter often talks over guests (often women), which is really uncomfortable and makes the podcast painful to listen to.

Top Podcasts In Government

See All

Can He Do That?

The Washington Post

Radiolab Presents: More Perfect

WNYC Studios

FieldCraft Survival

Mike Glover

Zero Blog Thirty

Barstool Sports

Future Hindsight

Mila Atmos

What Trump Can Teach Us About Con Law

Roman Mars

Listeners Also Subscribed To

See All

The Asia Maritime Transparency Initiative

CSIS | Center for Strategic and International Studies

Curated Conversations

CSIS | Center for Strategic and International Studies

Religion and Foreign Policy

Council on Foreign Relations

On Violent Extremism

CSIS | Center for Strategic and International Studies

Energy 360°

CSIS | Center for Strategic and International Studies

The Trade Guys

CSIS | Center for Strategic and International Studies

More by Center for Strategic and International Studies

See All

The Truth of the Matter

CSIS | Center for Strategic and International Studies

Bob Schieffer's "About the News" with H. Andrew Schwartz

CSIS | Center for Strategic and International Studies

Defense and Security - Audio

Center for Strategic and International Studies

Cybersecurity and Technology - Audio

Center for Strategic and International Studies

Russian Roulette

CSIS | Center for Strategic and International Studies

The Kremlin Playbook

CSIS | Center for Strategic and Internati