Bush and foreign aid

One of the greatest surprises of U.S. President George W. Bush's presidency so far has been his call to dramatically increases U.S. foreign aid. In March 2002, Bush proposed an increase of 50 percent over the next three years through the creation of a Millennium Challenge Account (MCA), a fund...

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Bibliographic Details
Main Author: Radelet, Steven
Format: Book
Subjects:
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520 # # |a One of the greatest surprises of U.S. President George W. Bush's presidency so far has been his call to dramatically increases U.S. foreign aid. In March 2002, Bush proposed an increase of 50 percent over the next three years through the creation of a Millennium Challenge Account (MCA), a fund that would provide $5 billion per year to a select group of countries that are 'ruling justly, investing in their people, and establishing economic freedom.' That September, Bush released his National Security Strategy, which gave rare prominence to development and aid alongside defense and diplomacy. On their own, however,Bush's new initiatives can have only modest success in fighting poverty,spreading properity, and combating AIDS. The MCA and HIV/AIDS programs each target only a small number of countries, leaving behind the vast majority of poor nations especially poorly performing and failed states. To make aid even more effective in the post-September 11, 2001, world, therefore, deeper changes arc needed. The administration must develop hard-nosed, sensible strategies for working with countries that do not qualify for the MCA, from those that barely miss the bar to states that have utterly collapse. It must restructure the U.S. Agency for International Development so as to narrow its focus and revamp its aid-delivery mechanisms. 
600 # 0 |a Bush, George W. 
650 # 0 |a Economic assistance  
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651 # 0 |a United States --   |x Foreign relations --   |y 2001-  
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