If the global environment for development continues to decline, the acute security and economic challenges facing the United States will become increasingly difficult to resolve. To create a better environment, the United States must work closely with other prominent global actors, especially China. The two countries are key players in three main arenas shaping the landscape: climate change, trade architecture, and development finance. And how developments in these arenas affect each other will largely determine the long-term outcomes for growth and poverty reduction worldwide. Promoting a stable foundation for development will help reduce conflict and enable global economic growth.
Creating a better environment for development as an objective of US policy (brookings.edu)