Obama Outlines New Development Strategy at G8 Summit
Last Friday at the G8 summit, President Obama outlined a new approach to development and announced that he will issue a new policy directive on global development “in the near future.” The policy directive will follow the completion of the Presidential Study Directive on Global Development (PSD-7), a comprehensive review of U.S. development policy begun in September 2009, and reflects the Administration’s view (in its National Security Strategy) that development is critical for national security, economic prosperity, and global leadership. The objectives and principles outlined in the White House statement are encouraging, as is the first public commitment by the President to issue the much-discussed policy directive on global development. We hope the upcoming policy directive will also include critical issues that appeared in an earlier leaked draft of the PSD, such as the call for a national global development strategy that can guide policy across the Administration.
