MCC Post: “Witnessing a Historic Moment”

Sheila Herrling, vice president for policy and evaluation at the Millennium Challenge Corporation (MCC), posted a blog celebrating President Obama’s speech last week in which he unveiled the first U.S. Global Development Policy.  Herrling wrote that with the new Global Development Policy, a major reform effort kicks in, and the MCC is a great working model for how these principles of good development can be translated successfully to the field.  Read her full post here and see below for excerpts:

“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.  And, 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 and nongovernmental community, need to respond.”

“I am thrilled to be part of an administration and U.S. Government agency that recognizes that America’s security and prosperity are inextricably linked to the security and prosperity of all countries, particularly the world’s poorest.  MCC has contributed, and will continue contributing, to this leadership agenda, sharing what it has learned, forging smart and deliberate collaboration with others, and pushing the boundaries of innovative development assistance.”

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