Development is a "strategic, economic, and moral imperative as central to advancing American interests and solving global problems as diplomacy and defence," Hillary said in a major foreign policy speech 'On Development in the 21st Century'.
It "was once the province of humanitarians, charities, and governments looking to gain allies in global struggles." The United States, Hillary said, seeks a safer, more prosperous, more democratic and more equitable world.
"We cannot reach that goal when one-third of humankind live in conditions that offer them little chance of building better lives for themselves or their children," she said.
We cannot stop terrorism or defeat the ideologies of violent extremism when hundreds of millions of young people see a future with no jobs, no hope, and no way ever to catch up to the developed world, Hillary said.
However, Hillary said true partnership is based on shared responsibility.
"We want partners who have demonstrated a commitment to development by practising good governance, rooting out corruption, making their own financial contributions to their own development," she said.
"We expect our partners to practice sound economic policies, including levying taxes on those who can afford them, just as we do; or, in countries rich in natural resources, managing those resources sustainable and devoting some of the profits to people’s development.”
“The American taxpayer cannot pick up the tab for those who are able but unwilling to help themselves," she said.