September 25, 2010

The Obama Administration made history

According to Sheila Herrling, US MCC Vice President for Policy and Evaluation, Obama administration made history by developing the United States first "Global Development Policy", ever.

The President emphasized the fundamental tenets of sustainable development: Partner with select countries willing to take the lead and invest in broad-based economic growth through transparent and mutually-accountable ways that tap the talents of all their people and unleash transformational change.....He defined "development” as more than just aid, which, while an important ingredient, won’t drive sustained growth as much as trade and investment. The speech is a bold call and now, collectively, U.S. Government agencies, working with partners in the private sector ... Read more »