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The Global Climate Change Initiative (GCCI): Budget Authority and Request, FY2010-FY2014

Description: This report discusses the financial assistance for global climate change initiatives in developing countries. The Global Climate Change Initiative (GCCI) -- one of the three main pillars to the 2010 directive -- aims to integrate climate change considerations into relevant foreign assistance, from FY2008 enacted funding request for FY2010 through the FY2014.
Date: September 12, 2013
Creator: Lattanzio, Richard K.
Partner: UNT Libraries Government Documents Department

The Overseas Private Investment Corporation: Background and Legislative Issues

Description: The Overseas Private Investment Corporation (OPIC)1 was established in 1969 and began operations in 1971 to promote and assist U.S. business investment in developing nations. OPIC is a U.S. government agency that provides project financing, investment insurance, and other services for U.S. businesses in 154 developing nations and emerging economies. OPIC is currently authorized through March 9, 2009 under the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009 (P.L. 110-329).
Date: October 20, 2008
Creator: Langton, Danielle
Partner: UNT Libraries Government Documents Department

The Overseas Private Investment Corporation: Background and Legislative Issues

Description: This report outlines challenges faced by Tajikistan since its five-year civil war ended in 1997. It discusses U.S. policy and assistance. Basic facts and biographical information are provided. This report may be updated. Related products include CRS Report RL33458, Central Asia: Regional Developments and Implications for U.S. Interests, updated regularly.
Date: May 22, 2008
Creator: Langton, Danielle
Partner: UNT Libraries Government Documents Department

The Global Climate Change Initiative (GCCI): Budget Authority and Request, FY2010-FY2015

Description: This report discusses financial assistance for global climate change initiatives in developing countries. The Global Climate Change Initiative (GCCI) -- one of the three main pillars to the 2010 directive -- aims to integrate climate change considerations into relevant foreign assistance, from FY2008 enacted funding request for FY2010 through the FY2014.
Date: April 30, 2014
Creator: Lattanzio, Richard K.
Partner: UNT Libraries Government Documents Department

The Overseas Private Investment Corporation: Background and Legislative Issues

Description: The Overseas Private Investment Corporation (OPIC) was established in 1969 and began operations in 1971 as a development agency to promote and assist U.S. business investment in developing nations. Today, OPIC is a U.S. government agency that provides project financing, investment insurance, and other services for U.S. businesses in over 150 developing nations and emerging economies. To date, OPIC has funded, guaranteed, or insured over $180 billion in investments.
Date: December 1, 2009
Creator: Ilias, Shayerah
Partner: UNT Libraries Government Documents Department

The Road to Development is Paved With Good Institutions: The Political and Economic Implications of Financial Markets

Description: This research seeks to identify the factors that account for the variation in development levels across nations by focusing on the institutional components of development, especially the effects of financial market development on economic and political development. I argue that financial market institutions are critical to economic and political development, and provide a partial explanation for the variation in development observed across nations. Financial market development affects political development indirectly through greater economic efficiency and growth and directly by reducing poverty, increasing economic equality, strengthening the middle class and increasing political participation. Increased financial market development also produces more efficient institutions and eliminates certain perverse incentives in government that result in corruption. The action mechanisms rest largely on the idea that increasing access to financial services allows the lower and middle- income segments of society to smooth their income and invest in high return activities that can lift people out of poverty. These improvements distribute both economic and intellectual resources throughout society and provide greater opportunities for political entrepreneurship from all societal groups. This, along with greater ability to participate either through monetary means or greater time, increases political participation and democratic development. Using a variety of econometric techniques to analyze data on 190 countries over 28 years (1975-2003), I show that financial market development has a significant effect in several areas of development. Specifically, I find that financial market development reduces poverty and income inequality and reduces the level of corruption. Increasing financial market development also increases political competition and civil rights protection in addition to increasing the effectiveness of government and regulatory levels. Ultimately, I assert that while financial market factors have not been previously targeted as sources for development, they may provide an effective policy tool for fostering equitable development in a variety of economic and political ...
Date: May 2008
Creator: Brown, Chelsea Denise
Partner: UNT Libraries