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Perhaps predictably, media coverage of the G-20 Seoul Summit focused on the currency wars, and assessments of impact of the meeting were decidedly mixed (though, interestingly, more negative in the United States than in the big emerging markets). But global imbalances were hardly the only item on the agenda. Three summit documents have the potential to become more important with the passage of time, especially if the development community seizes upon them as opportunities to press the big economies for pro-development policies and spreads the word.
Here is what I liked about President Obama’s UN speech on development last week, what I liked less, and what to watch for next. I conclude with an epilogue on this week’s historic gathering of secretaries Clinton, Gates, and Geithner, USAID Administrator Shah, and Chief Executive Officer of the Millennium Challenge Corporation, Daniel Yohannes for the U.S.