The Conservative Case for OPIC: Harnessing the Private Sector for Development

5/16/17
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With cuts to foreign aid on the horizon, the United States, now more than ever, needs to sharpen its tools to operate in a constrained budget environment. Key to this approach is a strong development finance institution that can leverage private investment to achieve development outcomes, as well as create opportunity for American companies abroad—all at less than no cost to the US taxpayer. At this event, Congressman Ted Yoho of Florida addresses the vital role the Overseas Private Investment Corporation plays in US development policy, and discusses how he came to support its mission. An expert panel discusses the conservative rationale behind OPIC, why its critics are wrong, and what can be done to strengthen the institution and leave it better prepared to address future development challenges.