Original Source: www.cfr.org
On December 9, 2024, a significant dialogue will unfold as USAID Administrator Samantha Power takes the virtual stage, navigating the intricate web of economic statecraft alongside CFR President Michael Froman. As the world grapples with emerging economic disruptions and intensified global competition, the United States seeks to recalibrate its economic policies, setting a course aimed at building resilience in vulnerable nations. Gone are the days of passive assistance; the era of proactive economic strategies aimed at mutual benefits is dawning, with USAID at the helm, enhancing job creation, debt sustainability, and strengthening ties with U.S. supply chains.
This conversation delves deep into USAID’s evolving paradigm, one that not only fosters inclusive economic growth but also intertwines with national security interests. In a climate rife with uncertainty, the agency’s focus on responsive development lays the groundwork for a more secure, interconnected future. As participants prepare to engage, they’ll be privy to insights on how these efforts reshape the U.S.’s role on the world stage, providing a robust value proposition for low- and middle-income countries in dire need of sustainable solutions.
The dialogue with USAID Administrator Samantha Power is set against the backdrop of shifting global dynamics where economic fractures threaten stability. Countries, including the U.S., are reimagining their economic strategies to emphasize statecraft, which balances both economic growth and security. USAID’s renewed focus includes not just providing aid, but proactively instigating comprehensive programs that resonate with local needs, enabling nations to bolster their economies while fortifying alliances with American partners. This approach is essential in an era marked by strategic competition and interconnected supply chains.
In essence, this forthcoming conversation promises a treasure trove of insights into how USAID is pivoting toward a model of economic resilience deeply rooted in collaboration and mutual support. By emphasizing economic statecraft, Administrator Samantha Power aims to reinforce U.S. alliances through innovative development strategies, promising a future where low- and middle-income countries can thrive alongside America in the global economic landscape. Such discussions are crucial in fostering understanding and cooperation in an increasingly interdependent world.
