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Reforming OPIC for the 21st Century

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  • Theodore H. Moran

    (Peterson Institute for International Economics)

Abstract

What is the role of the Overseas Private Investment Corporation in relation to private sector political risk insurers and financial institutions supporting the flow of foreign direct investment to emerging markets?This study provides an assessment of OPIC's various missions as a promoter of development, supporter of labor rights, protector of living standards in the United States, and advocate of environmental standards around the world. Drawing on the most recent evidence on the relationship between foreign direct investment and development and the impact of outward investment on the home economy, this study outlines a series of reforms that can make OPIC a more effective force in securing the benefits--and avoiding the hazards--of globalization in today's economy.

Suggested Citation

  • Theodore H. Moran, 2003. "Reforming OPIC for the 21st Century," Peterson Institute Press: All Books, Peterson Institute for International Economics, number pa69, April.
    • Handle: RePEc:iie:ppress:pa69
    Note: Policy Analyses in International Economics 69
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    Cited by:

    1. Theodore H. Moran, 2015. "The Role of Industrial Policy as a Development Tool: New Evidence from the Globalization of Trade-and-Investment," Policy Papers 71, Center for Global Development.
    2. Rivera, Sandra A. & Tsigas, Marinos E., 2005. "How does China’s growth affect India? An Economywide Analysis," Conference papers 331359, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

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