Stanford Social Innovation Review: The Art of the Development Deal
Richard Crespin, CEO of CollaborateUp, senior fellow for the U.S. Chamber of Commerce Foundation, senior associate at the Center for Strategic and International Studies, and adjunct professor at George Washington University, discusses how “the administration should apply a ‘shared value’ test, by pursuing trade and foreign policy opportunities that further U.S. interests while also furthering international development.” Crespin makes four recommendations for U.S. reform of international development: “First, align spending with American security interests and local needs. … Second, focus on solvable problems. … Third, institutionalize co-creation to solve market or structural failures. … Fourth, set clear exit strategies, pivoting from philanthropy to local ownership” (Winter 2018).