Transatlantic Cooperation on Development: Towards a New Consensus on Growth and Poverty Reduction
More than 75 policymakers and international development experts from the American and European policy communities came together for a two-day conference to debate key principles of an emerging consensus on approaches to reducing poverty and promoting economic growth in developing countries. Participants included Paul Applegarth, CEO of the Millennium Challenge Corporation (MCC), and Peter McPherson, former Administrator of the U.S. Agency for International Development (USAID). Private sector development, selectivity in aid, managing for results, and good governance were among the themes highlighted at the conference, which was co-sponsored by the Friedrich Naumann Foundation and the Center for Strategic and International Studies (CSIS). Followed by an issue of the Development and Security Initiative.