The Overseas Private Investment Corporation: Development Assistance Overview, Project Selection and Monitoring Practices

Molly H. Walsh (Editor)

Series: Financial Institutions and Services
BISAC: SCI057000

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$95.00

Volume 10

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Special issue: Resilience in breaking the cycle of children’s environmental health disparities
Edited by I Leslie Rubin, Robert J Geller, Abby Mutic, Benjamin A Gitterman, Nathan Mutic, Wayne Garfinkel, Claire D Coles, Kurt Martinuzzi, and Joav Merrick

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The Overseas Private Investment Corporation (OPIC), a wholly-owned U.S. government corporation, is referred to as the U.S. development finance institution (DFI). It provides political risk insurance, project and investment funds financing, and other services to promote U.S. direct investment in developing countries and emerging economies that will have a development impact. It operates under the foreign policy guidance of the Secretary of State. OPIC’s governing legislation is the Foreign Assistance Act of 1961, as amended. This book discusses OPIC background; international context for development finance; and key issues for Congress related to OPIC. Furthermore, the book assesses OPIC’s monitoring processes to ensure risks associated with current practices are acceptable for meeting OPIC’s program goals. (Imprint: Novinka)

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Preface

Chapter 1. The Overseas Private Investment Corporation: Background and Legislative Issues
Shayerah Ilias Akhtar

Chapter 2. Overseas Private Investment Corporation: Additional Actions Could Improve Monitoring Processes
United States Government Accountability Office

Index

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