No Development without Security: The Transatlantic Donor Community Needs to Redesign Aid for Fragile States
The economic crisis continues to wreak havoc globally, and it is becoming increasingly clear that the poor will suffer disproportionally. According to the World Bank, 100 million people were driven into poverty last year. Social tensions and geopolitical risks will be particularly acute in fragile states, impacting security and livelihoods in the Western world just as well. At the same time, development efforts will likely lose momentum due to growing protectionism or budgetary constraints. As global leaders are seeking to steer their countries toward recovery, they are reexamining the underlying institutions and policies behind the global economy. The United States and Europe were central actors in establishing the Bretton Woods institutions in the aftermath of World War II. The U.S. Marshall Plan, which helped rebuild war-torn Europe, continues to offer lessons on how development cooperation can generate peace and prosperity.