Partnering for Prosperity in the 21st Century: An Analysis of Locally Led and Market-Based Approaches to Global Development

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Date
2019-12-19
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Johns Hopkins University
Abstract
Despite major changes to the global economy, technology, and the developing world over the past few decades, the U.S. government’s strategy on global development has not seen a major reassessment since the days of the Cold War. This is surprising given the United States’ indispensable role as a leader in the international community and its historical role as a leader on global development initiatives. Partnering for Prosperity in the 21st Century examines the important role that domestic resource mobilization, trade facilitation, and economic growth-focused development programs play in the overall U.S. development strategy and calls for more emphasis on those concepts. These concepts are responsive to the dynamics of the global economy and could be employed in recognition of the limited domestic support in the United States for foreign assistance by supporting partner countries as they gain control of their own development priorities and harness the power of economic growth. In order for the United States to maintain its role as an effective leader in the global effort to combat poverty, these currently underinvested concepts must be at the forefront of U.S. efforts on development going forward.
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Keywords
global development, domestic resource mobilization, trade facilitation
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