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              Ideas to Action:

              Independent research for global prosperity

              Impacts and Influence

              Modernizing US Development Finance

              US Capitol Building

              CGD was the first place I went after I was named executive vice president of OPIC. I’ve read everything.”
              — David Bohigian, Executive Vice President, Overseas Private Investment Corporation

              Todd Moss and Ben Leo have been arguing for years that the US needs a modern, full-service, and self-sustaining agency to promote market solutions to reducing poverty. Their proposal to turn OPIC into a bigger and more flexible US development finance institution received widespread support. With backing from the administration, a bipartisan bill creating the new institution passed in October 2018, making this CGD proposal a reality.