With 2013 coming to a close and the new year beginning, it seems appropriate to ask what the past year has meant for Latin America—and what the region can expect in 2014.
As foreign aid budgets shrink, international aid agencies are being forced to become more efficient with less money. Increasingly, these donors recognize that fostering healthy private-sector growth is one of the most promising ways to help aid recipients become self-sustaining and ultimately self-financing.
Building an economy from the ruins of war has never been easy. Finding ways to give participants and victims of violence an economic stake in stability has long been one of the most important objectives of countries trying to recover from conflict. Many do not succeed. So it is important to learn the right lessons from those that have.
Economics is at the heart of U.S. involvement in the Asia Pacific. This statement is as true today as it was in 1784, when the first U.S. merchant ship bound for Canton set sail from New York. Trade,
investment, and other economic ties across the Pacific today are measured in the trillions of dollars, support millions of American jobs, and underpin our national security.
This month's edition of the International Security Program's electronic publication includes:
How is the Defense Drawdown Affecting Industry?
By David Berteau
The Need for a National Debate on Nuclear Strategy
By Clark Murdock
Invest in Pakistan...Really?
By Sadika Hameed
Private finance has become, and will remain, the central defining channel for U.S. global development engagement. In 2000, U.S. private flows to developing countries were roughly equal to official development assistance (ODA). Today, U.S. private flows ($100 billion-150 billion per year) are three to five times larger, and U.S. private philanthropy exceeds U.S. ODA ($30 billion) as well.
The United States has long acknowledged the importance of its allies and partners in securing shared interests. More recently, drawdowns in defense spending by the United States and many of its security partners have increased the urgency of leveraging and synthesizing national capabilities where possible. CSIS has launched the Federated Defense Project to assess and recommend
This report from the CSIS Project on Prosperity and Development outlines a new tool for policymakers to encourage private-sector development in developing nations. Specifically, it argues that in fragile states there is an intermediation gap between sources of capital and entrepreneurs seeking investment.
On January 1, the North American Free Trade Agreement (NAFTA) will celebrate its twentieth anniversary.
The agreement, which was signed on December 17, 1992 and entered into force on January 1, 1994, was conceived of as an effort to boost cross-border trade, economic growth, and good jobs. And in its first 20 years, NAFTA has gone a long way in achieving all three.
Trade ministers from the 12 partner economies of the Trans-Pacific Partnership (TPP) met in Singapore on December 7-10, following the WTO Ministerial Conference in Bali, in an attempt to meet the stated goal of concluding the trade agreement by the end of 2013.