In March 2002, the Bush administration unveiled what it deems to be a “new global development compact”: the Millennium Challenge Account (MCA). This new compact builds upon the Millennium Development Goals, e.g. halving world poverty by 2015, put forward by 189 countries at the Millennium General Assembly at the United Nations in September 2000. However, and in stark contrast with the latter strategy, which is aimed at addressing human security issues, the MCA is tied to the objectives of the 2002 National Security Strategy of the United States. As such, the MCA is primarily aimed at bringing excluded states (or, “failed states”) into the bounds of disciplinary role of capital. For instance, one of the most novel, and coercive, features of this development compact is the “pre-emptive” method in which it will administer aid. Under the MCA, only countries that govern justly, invest in their people, and open their economies to foreign enterprise and entrepreneurship will qualify for funding. In what follows, I argue that while the form of the MCA represents an unabashed articulation of U.S.-led imperialism vis-à-vis the poorest regions in the South, witnessed by the growing privatization of development aid and military intervention, its content reflects the same goals and interests that underlie the proceeding development agenda (i.e. the Washington consensus), namely promoting the idea that the “only” path to increased growth and prosperity is to be found in countries’ willingness and ability to adopt policies that promote economic freedom and the rule of law.
Soederberg, S. (2004), "AMERICAN IMPERIALISM AND NEW FORMS OF DISCIPLINING THE “NON-INTEGRATING GAP”", Zarembka, P. (Ed.) Neoliberalism in Crisis, Accumulation, and Rosa Luxemburg's Legacy (Research in Political Economy, Vol. 21), Emerald Group Publishing Limited, Bingley, pp. 31-60. https://doi.org/10.1016/S0161-7230(04)21002-1Download as .RIS
Emerald Group Publishing Limited
Copyright © 2004, Emerald Group Publishing Limited