Today, the Trump administration rolled out the Women’s Global Development and Prosperity Initiative (W-GDP). Pillars one and two seem to suggest a rebranding of existing funding for women’s economic empowerment efforts in USAID and a repackaging of previously announced initiatives at the World Bank and Overseas Private Investment Corporation. But the third pillar is potentially more encouraging.
CGD Policy Blogs
The President Has Mostly Wiped out US Refugee Resettlement. Other Countries Aren’t Picking up the Slack.
The Trump administration has drastically cut US refugee admissions—effectively eliminating nearly half of the world’s total resettlement spots, and so far, other countries have failed to make up the difference. New data analysis from Michael Clemens explores the implications of these policies.
Earlier this month, a bipartisan bill became law that could fundamentally change how the United States’ primary aid agency engages on women’s economic issues.
CGD research has become Exhibit A virtually every time the charge of “debt trap diplomacy” has been leveled against China in the media this past year. Yet, our research shows that many of China’s borrowers are managing their debts just fine and seem unlikely to fall into any traps.
On December 11, MCC will hold its end of the year board meeting to select which countries will be eligible for MCC’s FY2019 funds. As we do every year, CGD has been monitoring how countries perform on MCC’s scorecards, and examining the political climates and—where relevant—previous MCC program performance for countries likely to be up for debate.
In warning APEC leaders last week of China’s “constricting belt” and “one-way road,” Vice President Mike Pence provided the clearest signal yet that the US approach to foreign assistance will be shaped, if not determined, by competition with China. In the context of the administration’s trade war with China, this may not come as much of a surprise. But when it comes to the conduct of foreign assistance, it marks a striking turn away from the bipartisan approach to aid since the end of the Cold War—an approach defined around cooperation and one aimed at curbing the bad practices that arise when donors compete for the allegiance of aid recipients.
Last week, the agency came out with its first major, visible Journey to Self-Reliance product—a series of country “roadmaps” that use 17 indicators to plot low- and middle-income countries’ “commitment” to and “capacity” for self-reliance.
In the biggest step forward in US development policy since the creation of the Millennium Challenge Corporation and PEPFAR, Congress approved legislation to establish a new, modernized US development finance agency.
The Trump administration is worried about the role of Chinese finance in spreading Marxism around the developing world. But it’s Chico Marx, not Karl, that they should be focused on.