BUILD Act Should Address Rule Of Law Conditions In Target Countries To Ensure Successful, Sustainable Investments

The Hill: BUILD Act needs a stronger rule of law foundation
Hilarie Bass, president of the American Bar Association and co-president of Greenberg Traurig

“…The ‘Better Utilization of Investments Leading to Development Act of 2018,’ or ‘BUILD Act,’ introduced in Congress in late February, has bipartisan support in Congress and fans among development advocates and the private sector alike. … Unfortunately, the draft legislation fails adequately to address the rule of law conditions that make for a healthy investment and sustainable development climate. … Consideration of the quality of governance in countries targeted for investment should be more than a mere suggestion in the law. … [The act’s] success will require development of standards for governance in countries targeted for investment and support for coordinated programs of technical assistance to lay the rule of law foundation on which private sector investment can flourish” (3/26).

The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 through December 2020. All summaries are archived and available via search.

KFF Headquarters: 185 Berry St., Suite 2000, San Francisco, CA 94107 | Phone 650-854-9400
Washington Offices and Barbara Jordan Conference Center: 1330 G Street, NW, Washington, DC 20005 | Phone 202-347-5270 | Email Alerts: | |

The independent source for health policy research, polling, and news, KFF is a nonprofit organization based in San Francisco, California.