The Business of Doing Good
By MARK GREEN (U.S. Global Leadership Coalition)
For international development to be successful, it needs to be sustainable, cost-effective, and efficient. In other words, more like business. And for American businesses to grow, they need to be looking at the 95% of consumers living outside of the United States and to developing countries where over half of U.S. exports already go. So it makes perfect sense for the U.S. to improve public-private cooperation and coordination to improve the success of U.S. global development efforts.
The Economic Growth and Development Act of 2012, introduced today by Sen. Johnny Isakson (R-GA) in the Senate (S. 3495) and by Reps. Steve Chabot (R-OH) and Russ Carnahan (D-MO) (H.R. 6178) in the House, seeks to do just this.