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In his first speech since Election Day, President-elect Obama warned yesterday that purse strings would be tight at the start of his term for the nation and its people.
But before Obama begins, Inauguration Day celebrations are causing those in DC to consider whether last year's purse strings are suitable attire for the upcoming balls and celebrations.
We are at the start of what promises to be an unusually difficult year in the global economy. Policy decisions in the United States and other rich world countries will matter immensely for poor and vulnerable people living in developing countries.
We at CGD warmly welcome president-elect Barack Obama's appointments of Timothy Geithner as Secretary of Treasury and Lawrence Summers to head the National Economic Council. Both are members of the CGD Board of Directors. This is no coincidence.
What happens in Vegas stays in Vegas, but what happens in the rest of the world doesn’t stay there and directly affects American lives according to several participants in roundtable discussions on international relations and global poverty at the Democratic National Convention.
Everyone says August in Washington, D.C. is quiet. That is of course, unless you are planning to attend the presidential conventions and from what I can tell, just about everyone is sending someone to the conventions. And this time around, CGD is going to both of them.
Two former administrators of the U.S. Agency for International Development -- Peter McPherson and Brian Atwood -- said the U.S. government should give greater prominence to development and rewrite the Foreign Assistance Act of 1961 in their testimony before the House Foreign Affairs Committee last week. Their testimony and other events around town signal growing momentum for a dramatic overhaul of U.S. foreign assistance.
The day after the launch of the Modernizing Foreign Assistance Network's New Day, New Way Proposal, Representatives Betty McCollum (D-MN), Christopher Shays (R-CT), John Tierney (D-MA) and Frank Wolf (R-VA) introduced a bipartisan resolution to elevate global development and foreign assistance in our national interest. Continuing to build on the surge of momentum for modernizing U.S.
Last week, CGD launched a new video to help convey why the next president needs to give U.S. foreign assistance policy something akin to an extreme makeover. "Bring U.S. Foreign Assistance into the 21st Century" has since been watched on YouTube by nearly 10,000 people and many have taken the time to send us their thoughts. The overwhelming response from viewers is: this video is "fun," "short" and "makes the point" but that they want more details of the underlying policy analysis and recommendations.