In the 1960s, during USAID’s founding decade, official development assistance represented 70 percent of all capital flows to developing countries. Today, foreign aid makes up just 13 percent, having been replaced over time by trade, investment, and other sources of private capital. This changing landscape means our impact can be even greater. Rather than using […]
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Investing in Women to Change the World
In this era of slow growth, high unemployment, and fiscal woes, investing in women is an economic imperative. Fortunately, this recognition has taken hold in several quarters. At the Asia Pacific Economic Cooperation (APEC) Summit on Women and the Economy last week, Secretary Clinton argued that “by increasing women’s participation in the economy and enhancing […]