Steve Radelet

Former Senior Fellow
Foreign aid, debt, economic growth, financial crises, macroeconomics, and trade between rich and poor countries.

Steve Radelet was a senior fellow at the Center for Global Development from 2002 to 2010, where he worked on issues related to foreign aid, developing-country debt, economic growth, and trade between rich and poor countries.  He is author of Emerging Africa: How 17 Countries Are Leading the Way, a book that examines the positive growth in economic, political, and social policies taking place across Africa.  Other notable publications include the working paper Counting Chickens When They Hatch: The Short-Term Effect of Aid Growth and the book Challenging Foreign Aid: A Policymaker’s Guide to the Millennium Challenge Account.  Radelet also served as an economic advisor to the Government of Liberia in its debt-reduction efforts and was a founding co-chair of the Modernizing Foreign Assistance Network (MFAN).

Before his tenure at CGD, Steve was deputy assistant secretary of the U.S. Treasury for Africa, the Middle East, and Asia from 2000 to 2002. He left CGD to become chief economist for the U.S. Agency for International Development.

New Popular Working Papers Books Other CGD Pubs Events Selected Works
  • Emerging Africa: How 17 Countries Are Leading the Way - Sep 16, 2010

    Since 1995, 17 African countries have defied expectations and have launched a remarkable, if little-noticed, turnaround. Emerging Africa describes this revitalization and why it is likely to continue.

  • The White House and the World: A Global Development Agenda for the Next U.S. President - Aug 22, 2008

    The White House and the World: A Global Development Agenda for the Next U.S. President shows how modest changes in U.S. policies could greatly improve the lives of poor people in developing countries, thus fostering greater stability, security, and prosperity globally and at home. Center for Global...

  • Rescuing the World Bank - Sep 5, 2006

    Critics allege that the World Bank is deeply flawed. Yet the world needs a strong World Bank to help manage development and the related global challenges of the 21st century. Do the Bank's shortcomings put its future at risk? If so, can the Bank be rescued? Rescuing the World Bank, a new book that...

  • The Other War: Global Poverty and the Millennium Challenge Account - Jun 1, 2003

    This book tackles head on the tension between foreign policy and development goals that chronically afflicts U.S. foreign assistance; the danger of being dismissed as one more instance of the United States going it alone instead of buttressing international cooperation; and the risk of exacerbating...

  • Challenging Foreign Aid: A Policymaker's Guide to the Millennium Challenge Account - May 1, 2003

    In this study, Steven Radelet examines the MCA's potential promise and possible pitfalls. He offers a rigorous analysis of the MCA’s central challenge: making foreign aid more effective in supporting economic growth and poverty reduction in the poor countries. He systematically explores what...

  • Emerging Africa: How 17 Countries Are Leading the Way - Sep 16, 2010

    There's good news out of Africa. Seventeen emerging countries are putting behind them the conflict, stagnation, and dictatorships of the past. Since the mid-1990s, these countries have achieved steady economic growth, deepened democracy, improved governance, and decreased poverty. Former CGD senior...

  • Emerging Africa: The Unheralded Economic Turnaround in (half of) Africa - Sep 18, 2009

    Emerging Africa: The Unheralded Economic Turnaround in (half of) Africa with Dr. Steven Radelet, Senior Fellow, Center for Global Development

  • Congressional Hearing: U.S. Assistance to Africa - Apr 23, 2009

    DATE: Thursday, April 23, 2009 TIME: 11:30 a.m. SUBJECT: U.S. Assistance to Africa: A Call for Foreign Aid Reform WITNESSES: Panel I Mr. Earl Gast Senior Deputy Assistant Administrator Bureau for Africa United States Agency for International Development Panel II Ousmane...

  • Congressional Hearing: USAID in the 21st Century - Apr 1, 2009

    USAID IN THE 21ST CENTURY HEARING before the COMMITTEE ON FOREIGN RELATIONS UNITED STATES SENATE ONE HUNDRED ELEVENTH CONGRESS FIRST SESSION Wednesday, April 1, 2009 Time: 9:30 A.M. Place: 419 Dirksen Senate Building

  • The 2008 Commitment to Development Ideas in Action Award - Mar 17, 2009

    Please join us in honoring ONE, the 2008 winner of the Commitment to Development Ideas in Action Award, sponsored jointly by the Center for Global Development (CGD) and Foreign Policy magazine. ONE is an advocacy organization that raised awareness about global poverty during the 2008 U.S....

  • CGD Special Discussion with David Gergen on Obama's Global Development Policy - Jan 16, 2009

    Join Nancy Birdsall, David Gergen, and CGD senior fellows who are authors of essays in our newest book, The White House and the World: A Global Development Agenda for the Next U.S. President , for a lively discussion of the prospects for improved U.S. development policy under President Barack...

  • A Conversation with Ambassador John Danilovich: Transition and the MCC - Jan 13, 2009

    Join us for a conversation with Millennium Challenge Corporation (MCC) CEO John Danilovich as he prepares to pass stewardship over the MCC to a new Administration. In his introductory remarks and subsequent dialogue with CGD Senior Fellow Steve Radelet, Ambassador Danilovich will reflect upon his...

  • Economic Development and State Building - Jan 8, 2009

    The multifaceted nature of current and emerging global security challenges requires a judicious and balanced use of development, diplomacy and defense--the 3Ds. United States' leadership in ensuring the success of global efforts to address poverty, protect the environment and safeguard human rights...

  • A Conversation with Henrietta Fore - Dec 9, 2008

    Join us for an intimate conversation with Director of U.S. Foreign Assistance and USAID Administrator Henrietta Fore as she prepares to pass her torch of elevating development and modernizing foreign assistance to a new Administration. In a dialogue moderated by CGD Senior Fellow Steve...

  • Which Countries Will the Millennium Challenge Corporation Choose for Fiscal Year 2009? - Dec 2, 2008

    On December 11th, the U.S. Millennium Challenge Corporation (MCC) will announce which countries will be eligible to apply for funding in 2009. With funding tight, few new countries passing the eligibility indicators test, twelve of eighteen countries with signed MCC compacts failing the indicators...

  • Perspectives on the AIDS Pandemic and the Importance of Continuing Our Commitment - Dec 1, 2008

    At this critical juncture of the global economic crisis, it is important to secure the vigorous commitment of the public health community, the US administration, Congress, and the US public to sustain the US investment in the AIDS pandemic. World AIDS Day presents an opportunity to connect with the...

  • The White House and the World: A Global Development Agenda for the Next U.S. President - Sep 18, 2008

    Each day brings fresh evidence that Americans’ well-being is linked to the lives of others around the world as never before. Accelerating advances in technology and the creation of new knowledge offer undreamed-of opportunities. Yet global poverty, inequality, disease and the threat of rapid...

  • New Day, New Way: U.S. Foreign Assistance for the 21st Century - Jun 10, 2008

    U.S. engagement with the world has been affected by new foreign policy, national security, and economic challenges. These global challenges have stretched the bounds of both civilian and military involvement in development. The current system of foreign assistance has proven to be inflexible and...

  • Liberia on the Move: Economic Growth, Debt Relief, and Poverty Reduction - Apr 11, 2008

    The inauguration of the administration of Ellen Johnson Sirleaf in January 2006 marked an end to twenty-five years of misrule and civil conflict which had left the country in ruins. The Sirleaf administration has set the country on a new course, placing transparency, accountability, good...

  • Which Countries Will the Millennium Challenge Corporation Choose in 2008? - Nov 29, 2007

    On December 12th, the U.S. Millennium Challenge Corporation (MCC) will announce which countries will be eligible to apply for funding in 2008. With funding tight, new countries passing the eligibility indicators test, nine of sixteen countries with signed MCC compacts failing the indicators test,...

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