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The Future of U.S. Foreign Aid, With William Henagan

The President’s Inbox

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Navigating the Development Finance Corporation

This chapter explores the establishment and functions of the U.S. Development Finance Corporation (DFC), focusing on its role in promoting private investments in developing nations instead of traditional humanitarian aid. It highlights the strategic comparisons between U.S. and foreign investment initiatives, particularly against China's Belt and Road Initiative, as well as the complexities related to the DFC's reauthorization process. Additionally, the chapter discusses potential crises arising from non-reauthorization, including impacts on global investments and loss of institutional expertise.

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