BONUS | How Can We Succeed Where USAID Failed? | Ben Black

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You'd be forgiven if you'd never heard of the US International Development Finance Corporation. Even by Washington standards, DFC sounds like an agency specifically designed to make your eyes glaze over, but push past your initial misapprehension at the label, and DFC is actually one of the most essential agencies in the District of Columbia and a key player in our fight against the Chinese Communist Party. For years, Beijing has used its economic heft to expand its influence through initiatives like Belt and Road. Beijing invests in infrastructure in the developing world, locking down access to critical minerals and making itself indispensable to countries that might otherwise rather deal…