Blog Posts in Economic Prosperity

  • November 10, 2017

    What Could the President’s Commitment to Reforming Development Finance Look Like?

    Abhik K. Pramanik in Economic Prosperity, Global Development | November 10, 2017

    Speaking in Vietnam just a few hours ago, President Trump launched a debate on the future of development finance by committing the Administration to help American businesses invest and compete in the developing world.

  • June 9, 2017

    “Your Eighty Dollars”: The Marshall Plan 70 Years Later

    John Glenn in Diplomacy, Economic Prosperity, Global Development | June 9, 2017

    Against the backdrop of today’s debate about America’s role in the world, it is striking to re-read the speech by Secretary of State George C. Marshall announcing the Marshall Plan on the 70th anniversary of its delivery. The Marshall Plan, which helped rebuild the economies of Western Europe after World War II, is often seen as the model for American global leadership. Secretary Marshall makes not a selfless appeal to support a new global order, but a calculated appeal to Americans’ self-interest, accompanied by a sophisticated series of short films to explain its benefits.

  • June 2, 2017

    Organic Growth: New Opportunities for Youth in the Philippines

    Guest Author in Economic Prosperity, Global Development | June 2, 2017

    Only two years ago, Aizel Quisano was one of thousands of young people in the Mindanao region of the Philippines who were both out of school and unemployed. A future in her hometown of Lamitan City looked bleak. She was desperate for work and even considered leaving her family to seek employment in Cavite, a city 850 miles to the north, near Manila. But now, those days are behind her. New life skills and a new job at an organic farm in Lamitan City are enriching both her life and her community.

  • May 30, 2017

    China’s “One Belt One Road” vs. U.S. Global Leadership

    Abhik K. Pramanik in Congress, Economic Prosperity, Global Development | May 30, 2017

    Last week, the Administration released its full FY18 budget request, which includes a 32 percent cut to the International Affairs Budget and signals the potential elimination of U.S. assistance to 37 nations. China, on the other hand, recently held a summit to launch a multibillion dollar global infrastructure and development initiative spanning 65 countries that account for 60 percent of the world’s population. One Belt One Road is President Xi Xinping’s ambitious effort to re-assert China’s global economic leadership. China seeks to revive the historic “Silk Road” trading route— spanning from the Netherlands to Indonesia— which helped facilitate international trade for centuries.

  • April 14, 2017

    America’s Voice Abroad: World Bank, IMF, and the U.S. Role in the Global Agenda

    Sung Lee in Economic Prosperity, Global Development, National Security | April 14, 2017

    America’s leadership in institutions like World Bank and IMF is critical to influencing the agenda on global economic growth and development— which, in turn, shapes opportunities for American businesses to invest around the world. At next week’s World Bank/IMF Spring Meeting, businesses and NGOs will join finance ministers and development leaders from around the world to address today’s global challenges and opportunities. What will America’s voice be, given recent proposed budget cuts?

  • March 31, 2017

    Investing in Women around the World: Supportive Voices in the Administration

    Sung Lee in Economic Prosperity, Global Development | March 31, 2017

    Empowering women and girls has been shown to be one of the most effective ways to deliver development results. Studies show that if women had the same access to economic resources as men, agricultural productivity could increase by 20 to 30 percent and help lift 100 million additional people out of poverty. Moreover, child mortality can be cut by nearly 10 percent by providing one additional year of education for women of childbearing age.

  • February 24, 2017

    The Technology That’s Making a Difference in the Developing World

    Abhik K. Pramanik in Economic Prosperity, Global Development | February 24, 2017

    Today, more people have access to mobile phones than to electricity or clean water— and it’s making a difference in the fight against global poverty. In 2000, only 4 percent of people living in low- and middle-income countries had access to mobile phones. In 2015, that number rose to a whopping 94 percent. Here’s how technology is demonstrating a real, measurable impact.

  • February 17, 2017

    Chickens: A Solution to Global Poverty?

    Sung Lee in Economic Prosperity, Global Development | February 17, 2017

    In a world of abundant food, how is it possible that 45 percent of childhood deaths are still linked to malnutrition? You might be surprised to learn that part of the solution, according to Bill Gates, is chickens, which last year he called the best solution to global poverty. As Gates points out, chickens present a major opportunity to increase household incomes and nutrition through greater meat and egg production. That is why Feed the Future, America’s initiative to combat global hunger and poverty, has teamed up with scientists at the University of California at Davis to increase poultry production by breeding healthy chickens that are heat and disease resistant.

  • January 27, 2017

    3 Reasons Why the New Administration Should Focus on Africa

    Sean Hansen in Diplomacy, Economic Prosperity, Global Development | January 27, 2017

    While we wait to see who will lead the MCC and USAID in the Trump Administration, one thing is certain: Africa should be seen as both an opportunity as well as a challenge to America’s efforts to reduce global poverty and promote economic growth. If the Trump Administration seeks to leave a lasting legacy by improving global stability and economic growth, Africa should be at the center of its plans.

  • October 5, 2016

    Why Global Education is One of America’s Biggest Returns on Investment

    Elizabeth Holtan in Economic Prosperity, Global Development | October 5, 2016

    Even modest investments in helping ensure children attend, remain, and learn in school leads to a greater and better-educated workforce— which in turn improves local, regional, and national economies. And in Ethiopia, USAID investments have helped achieve 95 percent enrollment in primary school over just the past 15 years. What’s behind these numbers? Investing in those who teach. One USAID program is designed to reach remote areas of Ethiopia, providing schooling in off-the-beaten-path areas that had never had access to basic education, where the nearest government school is two hours away on foot.