What comes after the global development model we have known?
As traditional aid declines, debt pressures grow, private capital assumes a greater role, and technology transforms economies and societies, this question is no longer theoretical. The global development architecture is changing—and the decisions made now will shape what comes next and who helps define it.
This question was at the heart of our recent convening, “Footholds for the Future: From Ideas to Action in Reimagining Global Development.” More than 40 leaders from government, business, philanthropy, multilateral institutions, and civil society came together for candid conversations about the future.
Reimagining global development requires us to move beyond established boundaries—building approaches that reflect country priorities, mobilize new forms of capital, harness technology responsibly, and recognize that prosperity, security, and development are deeply interconnected.
Our work did not end in Aspen. We are carrying ideas forward across finance, institutional reform, market design, sovereignty, education and human capital, technology, and the narratives that shape how development is understood. The task ahead is to move from ideas to action.
We are grateful to Raj Kumar and Devex team for this extensive and thoughtful reflection on the difficult questions, productive tensions, and possibilities that emerged from the convening.
Read the piece.