Global Equity

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As a new presidential term and a new Congress begin, the Center for American Progress has launched the Progressive Priorities Project to provide policymakers and the public with a positive vision for progressive policymaking supported by a series of new and bold policy ideas in priority areas identified by American Progress. Global Equity: An Action Plan for Global Economic Opportunity is the eleventh of more than a dozen papers in the series that American Progress will issue over the course of the coming weeks. In addition to providing broad policy recommendations, each of the papers in the series proposes specific steps that policymakers can take to achieve the broader policy goals. All of the papers in the series will be compiled and published as a book early this year.
An Action Plan for Global Economic Opportunity
Executive Summary
In a world rife with tensions—between the world’s most powerful and powerless nations; between democracy and authoritarianism; between vast technological innovation and grotesque deprivation—America has both the opportunity and obligation to lead. But it is dangerously simplistic to chart our course in terms of a struggle between good and evil. Rather, the future will be largely determined by our success—or failure—in ensuring that an increasingly economically and technologically interconnected world is more united than it is divided.
To meet this challenge, the Center for American Progress provides a blueprint for fundamentally transforming the scope and manner of U.S. economic engagement with the developing world. It calls for new U.S foreign assistance legislation, including the creation of a single Department for International Development Cooperation, under which the current myriad of foreign aid programs would be consolidated; a new development policy focus to ensure support for the emergence of capable, democratic states; and reinvigorated global trade negotiations to enhance market dynamism. Our security demands that we rise to this challenge, and our own prosperity will be enhanced by a world that is comprised of capable states, functioning economies, and healthy producers and consumers.