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This is a joint posting with Sheila Herrling
This week the Modernizing Foreign Assistance Network, a fast-growing bipartisan coalition of international development and foreign policy leaders that I am privileged to co-chair, will be sending to the Presidential Transition Team its recommendations for jump-starting the process of strengthening our development programs. A growing number of voices agree that now more than ever, we must substantially bolster our capabilities to fight poverty and create economic opportunities around the world, both through increasing our investments over time and by making these investments much more efficient and effective. Strengthening these programs may well be one of the best investments we can make over the long term to restore global stability, security and prosperity.
From the ashes of the global economic crisis, rose a stunning number of calls this week to avoid U.S. protectionism and isolationism through sustained engagement in international development initiatives and efforts to modernize foreign assistance.
The Republican National Convention in Minneapolis-St. Paul, like the Democratic National Convention in Denver the preceding week, featured high-level side events on global poverty. Despite a much smaller audience and far fewer international attendees in Minneapolis, global poverty made a brief appearance on center stage at the Republican 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.
The U.S. Congress launched a new bipartisan Caucus for Congressional-World Bank Dialogue at a packed event on Capitol Hill July 16. The caucus, co-chaired by Kevin Brady (R-TX) and Betty McCollum (D-MN), provides a forum for members of Congress to engage the World Bank, parliamentarians and policy experts on poverty reduction, global development and trade.
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.