Here's President Obama's speech on America's new "Global Development Policy," given at last week's summit on the UN Millenium Development Goals:
Some quotes [emphasis mine]:
"I suspect that some in wealthier countries may ask-with our economies struggling, so many people out of work, and so many families barely getting by, why a summit on development? The answer is simple. In our global economy, progress in even the poorest countries can advance the prosperity and security of people far beyond their borders, including my fellow Americans."
"My national security strategy recognizes development as not only a moral imperative, but a strategic and economic imperative."
"For too long, we've measured our efforts by the dollars we spent and the food and medicines we delivered. But aid alone is not development. Development is helping nations to actually develop-moving from poverty to prosperity. And we need more than just aid to unleash that change. We need to harness all the tools at our disposal-from our diplomacy to our trade and investment policies."
"To unleash transformational change, we're putting a new emphasis on the most powerful force the world has ever known for eradicating poverty and creating opportunity. It's the force that turned South Korea from a recipient of aid to a donor of aid. It's the force that has raised living standards from Brazil to India. And it's the force that has allowed emerging African countries like Ethiopia, Malawi and Mozambique to defy the odds and make real progress toward achieving the Millennium Development Goals, even as some of their neighbors-like Cote d'Ivoire-have lagged behind. The force I'm speaking of is broad-based economic growth. Now, every nation will pursue its own path to prosperity. But decades of experience tell us that there are certain ingredients upon which sustainable growth and lasting development depends."