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Before his tenure at CGD, Steve was deputy assistant secretary of the U.S. Treasury for Africa, the Middle East, and Asia from 2000 to 2002. He left CGD to become chief economist for the U.S. Agency for International Development.
As the 2008 U.S. presidential campaign season heats up, candidates are defining their views on how to build a better, safer, more prosperous America and world. CGD senior fellow Steve Radelet tells us about Impact '08, a campaign launched by the Center for U.S. Global Engagement to inspire the 2008 presidential candidates to prioritize international development and diplomacy as critical tools for America's engagement with the world. Radelet chaired the bipartisan working group that drafted the campaign's underlying policy framework which outlines a range of options for the presidential candidates to consider, including updating the 1961 Foreign Assistance Act, uniting foreign assistance programs under a common structure, and better aligning U.S. trade and development policies.
In its first four years, the Global Fund for HIV/AIDS, Tuberculosis and Malaria has become one of the most important aid agencies in the world, committing some $5.5 billion in grants to more than 130 countries. Next week the Global Fund will select a new executive director. CGD senior fellow Steve Radelet chaired a working group to identify key challenges for the Fund ahead of the selection. He explains the purpose and scope of the forthcoming report, which will be released on October 26th. Learn more
On Tuesday, June 12, 2007, Steve Radelet testified before the Senate Foreign Relations Subcommittee on International Development, Foreign Assistance, Economic Affairs, and International Environmental Protection on "Foreign Aid Reform: Successes, Failures, and Next Steps."
In this essay, CGD senior fellow Steve Radelet describes Liberia's debt situation and the key issues in moving forward on debt relief with the IMF, World Bank, African Development Bank and bilateral creditors. He explains why it is important for Liberia's recovery that the international community act quickly and outlines the key steps necessary for Liberia to achieve a debt deal before the end of 2007.
In its first four years, the Global Fund to Fight AIDS, Tuberculosis and Malaria has become one of the most important aid agencies in the world. As the Global Fund undergoes its first leadership transition, this CGD Working Group Report identifies seven tasks for the new Executive Director, starting from country operations, where ultimate results are achieved; through supporting arrangements (such as technical assistance, performance-based funding, procurement and supply chain strategies, and secretariat operations) and ending with the overarching issues of financing and Board relationships. The report offers specific recommendations for the new Executive Director and for the Board.
Liberian President Ellen Johnson Sirleaf, who will host President Bush on Thursday in the final stop of his five-country Africa tour, has news that may surprise some people: despite the problems in some African countries, things are clearly improving in much of the continent. In a new CGD essay co-authored with senior fellow Steve Radelet, Sirleaf describes how a growing number of African countries are embracing democracy and good governance, strengthening macroeconomic policies, and benefiting from debt relief. These countries are in the midst of an economic and development rebound, with economic growth averaging 5 percent for a decade, poverty rates beginning to fall, and social indicators beginning to improve. The essay concludes with recommendations on how this progress can be sustained and consolidated.
Meeting today’s foreign policy challenges requires a new vision of American global leadership based on the strength of our core values, ideas, and ingenuity. It calls for an integrated foreign policy that promotes our ideals, enhances our security, helps create economic and political opportunities for people around the world, and restores America’s image abroad. We cannot rely exclusively or even primarily on defense and security to meet these goals. CGD senior policy analyst Sheila Herrling and senior fellow Steve Radelet argue instead that we must make greater use of all the tools of statecraft, including diplomacy, trade, investment, intelligence, and a strong and effective foreign assistance strategy.
New Day, New Way: U.S. Foreign Assistance for the 21st Century calls on the next American president, Congress, policymakers and the American people to overhaul how the U.S. helps poor people in developing countries. Among the recommended steps: a new national foreign assistance strategy and a new Foreign Assistance Act to replace the outdated framework that President Kennedy signed nearly 50 years ago. CGD senior fellow Steve Radelet is a co-chair of the authoring group, the Modernizing Foreign Assistance Network.
Since its inception in 2004 the Millennium Challenge Corporation (MCC) has been an experiment in improving the effectiveness of U.S. foreign aid in a small set of poor but well-governed countries. This new MCA Monitor Analysis brief based on visits to seven Millennium Challenge Account (MCA) countries between July 2005 and March 2007 draws broad lessons about the MCC’s first years of operation.Learn more
The US government's proposed $5 billion Millennium Challenge Account (MCA) could provide upwards of $250-$300m or more per year per country in new development assistance to a small number of poor countries judged to have relatively "good" policies and institutions. Could this assistance be too much of a good thing and strain the absorptive capacity of recipient countries to use the funds effectively? Empirical evidence from the past 40 years of development assistance suggests that in most potential MCA countries, the sheer quantity of MCA money is unlikely to overwhelm the ability of recipients to use it well, if the funds are delivered effectively.
The Center for Global Development is excited to announce the six Scott Family Liberia Fellows for 2007-2008. The six fellows were selected from 230 applicants and will serve as special assistants to senior Liberian government officials. CGD senior fellow Steve Radelet, who leads the Center’s work in Liberia, said he was astonished at the impressive qualifications of the applicants and is confident that the six fellows selected will make a significant contribution to Liberia over the coming year. The 2007-2008 Scott Family Liberia Fellows are: Conor Hartman, Dan Honig, Chara Itoka, Robtel Pailey, Benjamin Spatz, and Norris Tweah. Learn more