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Will the BUILD Act Improve Lending in Poor Countries and Counter China? The Jury’s Still Out.

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Likewise, the BUILD Act failed to
address concerns about misguided Overseas Private Investment Corporation �activities in preceding decades; namely, that it
focused insufficiently on low-income and lower-middle-income countries that truly
lacked access to private capital and that the Overseas Private Investment
Corporation �did not encourage policy
reforms that would reduce the demand for its development financing and
insurance subsidized by U. foreign-policy and national-security goals if it: (1) fulfills the BUILD Act mandate to focus lending on low-income and lower-middle-income developing countries that face genuine obstacles to accessing private capital markets; (2) the Development Finance Corporation prioritizes U.

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