Should U.S. Development Loans Go to Rich Countries?
Buget
Republican and Democratic U.S. lawmakers are in the thick of negotiations for reauthorizing and turbocharging a key international development agency with an eye toward allowing it for the first time to invest in projects in high-income countries. The U.S. Development Finance Corporation (DFC) not only survived President Donald Trump’s blitzkrieg earlier this year through the U.S. foreign aid bureaucracy but also is now positioned to become the centerpiece of his “America First” approach to
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