Columbia International Affairs Online: Working Papers

CIAO DATE: 05/2014

A New Development Agenda

Scott Miller, Daniel F. Runde

February 2014

Center for Strategic and International Studies

Abstract

The link between economic development and state security has been well documented. As policymakers consider that link, the model for international development in the twenty-first century must include both governments and the private sector. In this new report, the CSIS Scholl Chair in International Business and the CSIS Project on Prosperity and Development examine the myriad ways that the private sector can engage emerging markets. Inasmuch as demand for private capital exceeds supply, those economies that enhance investor return and minimize security risk will be most successful in attracting private investment. The report’s authors examine the potential implications of trade, investment, and procurement in propelling economic development and the collaborative efforts of the public and private sectors needed to achieve the desired gains.