Abstract

International development assistance is an integral part of the foreign economic and foreign policy activities of the US government. International aid is one of the largest components of US foreign relations spending and is regarded by many members of Congress as one of the most important foreign policy instruments. However, many US citizens and members of Congress feel that the US cannot afford such international aid spending, given the current budget deficit and competing budgetary priorities. As one of the largest donors of international development aid, the United States is of considerable interest to many researchers, including those who study trends in the polarization of attitudes toward foreign policy, including international aid. This article is devoted to the current US policy in the field of international development cooperation at the beginning of the presidency of Joe Biden. It examines the economic component of US government assistance: the total amount of US economic assistance, as well as the structure of international aid spending and country priorities for US economic assistance, are considered. An assessment of the prospects for US assistance is presented based on an analysis of the Joint Strategic Plan of the State Department and the Agency for International Assistance 2022-2026 and the US National Security Strategy 2022. Despite the stability and relative inertia of the international aid system, one can observe an increase in US interest in development assistance after the transition of power to President Biden, including in the context of competition with China.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.