Path for Stabilizing Afghanistan Through Economic Growth
The Economic Imperative: Stabilizing Afghanistan through Economic Growth, by Center for a New American Security CEO Nathaniel Fick and Institute for State Effectiveness CEO Clare Lockhart, argues that U.S. and ISAF operations in the country currently have an “economic gap,” and, while lack of attention to economic dimensions are numerable and justified, development is an imperative component to sustainable security and must be pursued.
“Harnessing the potential of the Afghan people to succeed on Afghan terms through Afghan institutions will reinforce stability as it spreads from areas cleared of insurgents, will give more Afghans a stake in the future of their country, and provides the only path to national self-sufficiency,” write the authors.
The international community should also help catalyze a number of existing development initiatives that produce tangible benefits quickly for Afghans, including microfinance and public works programs, the National Solidarity Program, and OPIC-offered risk guarantees to potential investors, and:
– Revitalize the role of the World Bank and Asian Development Bank.
– Support the creation of a National Task Force for job development and training.
– Reaffirm the significance of Afghanistan’s economic ministries.
– Create a global task force to identify gaps in strategy, financing mechanisms and to explore and set up additional financial instruments.
Download The Economic Imperative here.
