With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
Sen. John Kerry called for a grand new vision to put diplomacy and development alongside defense at the heart of America's foreign policy in a knock-out speech at the Brookings Institution last week. Sen. Kerry, chairman of the Senate Foreign Relations Committee, spoke of a new generation of global challenges—ethnic tension, religious extremism, financial crises, climate change and poverty—that require a dramatic overhaul of U.S. foreign policy to protect our common security and prosperity.
After raising expectations both on the Obama campaign trail and during the transition period that development would really not just rhetorically be a priority and an equal partner with diplomacy and defense in our national security apparatus, two notable actions occurred this week, just under the 100 day mark.
The global economic crisis presents a challenge and an opportunity to do better with U.S. assistance to Africa said CGD senior fellow Steve Radelet in testimony before the House Foreign Affairs Subcommittee on Africa and Global Health last week. Not surprisingly, doing better in Africa requires the same steps towards broad U.S.
In a huge step forward, this week Liberia slashed its foreign debt by buying back $1.2 billion in commercial debt -- about one-quarter of its foreign debt -- from its private foreign creditors, including banks, hedge funds, and other “distressed debt” investment funds.
Members of the Senate Foreign Relations Subcommittee on International Development held a hearing last week on “USAID in the 21st Century: What Do We Need for the Task at Hand?” CGD senior fellow Steve Radelet, Georgetown professor and CGD visit
An open letter to President Obama and congressional leaders on the importance of global development and foreign assistance reform was published in Politico last week on behalf of the Modernizing Foreign Assistance Network (MFAN) and signed by more than 150 influential individuals and organizations. The letter says, in part:
This is a joint posting with David Beckmann, originally appearing on the Huffington Post Web site on March 17, 2009.
In the face of big global challenges, President Obama has rightly called for a new, smarter U.S. foreign policy that focuses on bolstering our long-term security, building our alliances, and expanding global prosperity. A central element of his new approach is elevating U.S. support for global development and balancing it with defense and diplomacy, which in practice means strengthening U.S. foreign assistance and other programs that fight poverty, disease, and lack of opportunity in developing nations.