At the L’Aquila summit, President Barack Obama, then relatively new to the world stage, rallied his fellow leaders of the world’s richest nations to make a promise: If poor countries came up with good plans to help poor farmers grow more and earn more, rich countries would help make it happen. The initiative included a $22 billion financial pledge over three years and a commitment to use the Rome Principles to guide those investments.
But something important has happened: Facing a situation in which the principle of nonintervention doesn’t tell it what to do, China has been forced to join the United States and other countries, as well as the African Union, in actively trying to end a brutal conflict. China has supported Sudan over the last decade because Sudan supplied China with oil. Last year, however, when South Sudan became independent, Khartoum lost most of its oil-producing territory. China immediately began courting the new country with visits from senior officials and a blizzard of proposed investment deals. Only last week, while South Sudanese President Salva Kiir was in Beijing, China announced an $8 billion loan to the new country to build major infrastructure projects. But though South Sudan has most of the oil, Sudan has the pipelines and the refining equipment. So China needs both countries — and the rising spiral of violence between them, provoked largely though not wholly by Khartoum, has forced China to get off the sidelines.
FP: So you are saying that the United States can do well by doing good?
RS: In the coming years, Africa is going to be a 900 million-plus person common market that is growing three times faster than the global economy. China has been making a big investment in Africa, and we’re going to want to make sure that American enterprises are part of the picture as well.Ten of the largest 15 trading partners we have were foreign aid recipients. South Korea was a major recipient of U.S. aid for decades, and today we have more jobs created in the U.S. because of our trade relationship with South Korea than we do with France.
Sub-Saharan Africa’s democratic march started at a time when the continent’s economic prospects looked gloomy. The twin oil crises of the 1970s had played a key role in worsening macroeconomic balances in various countries. At the same time, demand for democratic reform began, when it became evident in many countries that post-independence promises of prosperity weren’t forthcoming. The rise in corruption and the spread of one-party rule triggered some of the early pro-democracy movements.
This news, which was announced at the outset of the government’s four-day vaccination campaigntargeting six million children, marks a shift in government policy toward immunization programs in the north of the country. Nigeria’s polio vaccination program stalled for more than a year after Muslim leaders raised doubts over the inoculations’ safety in the summer of 2003 — resulting in bans issued by some northern state governments.One leader went so far as to claim that the vaccine was “being used for the purpose of depopulating developing countries, and especially Muslim countries.” Other rumors claimed that the vaccines were contaminated with HIV and causedinfertility in Muslim girls.
Promoting infrastructure investments in developing countries, an idea that is also being advanced by the G-20, would boost exports, manufacturing employment, and growth in high-income countries, while reducing poverty and enhancing growth in the developing world. It’s a win-win solution.