ABSTRACT

In a keynote speech delivered with evident symbolic flourish at the London Stock Exchange in January 2014, the secretary of state for the UK’s Department for International Development (DFID), Justine Greening, stated:

Economic development is not a completely new direction for DFID but in the past the approach was ad-hoc, and nowhere near a top priority for the department. That is changing. We are now building the most coherent, focused and ambitious approach to economic development that DFID has ever had. This represents a radical shift in the way that DFID works. It’s a pragmatic shift to be managed carefully, but it’s arguably revolutionary. And make no mistake: DFID’s role in the developing world is steadily and surely changing for good.1