U.S. Foreign Aid is a cost-effective and mutually-beneficial method that simultaneously improves global living standards and serves American interests. Today, distribution of aid is overly complex and inefficient, unable to reach its full potential.
The Task Force seeks a comprehensive reform of foreign assistance, starting with the creation of a cabinet-level Department of Aid and Development (DoAD).
1.Section one addresses the history of American foreign aid and the reasons for its distribution.
2.Section two focuses on the ineffectiveness of the current aid system.
3.Section three proposes ways in which to improve development and assistance policy.
Policy Recommendations:
- Create a cabinet-level Department of Aid and Development to cultivate sustainability in aid-recipient countries.
- Consolidate the existing foreign aid budget into the DoAD’s jurisdiction.
- Place Coordination Officers in aid-recipient countries and hold sector-wide conferences to increase the efficacy of development initiatives.
- Improve evaluation methods to institutionalize a commitment to transparency.
- Encourage trade, tariff, and investment reform to promote investment in, and market access for developing countries.