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Development Finance Institutions (DFIs) could crowd out the private sector, create debt, underprice risk, change incentive structures for employees, and not sufficiently track impacts on the poor / environment

By Hicbd
Sat Jun 6 2020 4:41 pm

"IFC comes under frequent criticism from NGOs that it is not able to track its money because of its use of financial intermediaries...Other criticism focuses on IFC working excessively with large companies or wealthy individuals already able to finance their investments without help from public institutions such as IFC, and such investments do not have an adequate positive development impact."

URL:
https://en.wikipedia.org/wiki/International_Finance_Corporation
https://foreignpolicy.com/2013/01/02/can-you-fight-poverty-with-a-five-star-hotel/
https://cei.org/sites/default/files/Ryan%20Young%20-%20The%20Case%20Against%20OPIC.pdf
https://www.economist.com/finance-and-economics/2019/03/07/national-development-banks-are-back-in-vogue
https://www.devex.com/news/development-finance-institutions-grapple-with-their-growing-role-94408

URL Credit

Categories:
Environment Global Poverty International Development / Foreign Aid / NGOs Financial Systems / Markets Government Corruption / Oversight / Ethics Impact / Philanthropy / Social Good Investing Capital U.S. Agency for International Development (USAID) Development Finance Institutions (DFIs) World Bank Multilateral / Bilateral / National Development Banks

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