The traditional goals of U.S. foreign aid-promoting U.S. security and foste
ring development in poor countries-are no longer as pressing after the Cold
War. Washington must revamp its approach to aid and address new, urgent pr
iorities: shoring up peacekeeping efforts in such places as the Middle East
and the Balkans; easing the transition to globalization; tackling transnat
ional environmental crises and diseases; and improving the quality of life
for the world's neediest. This new diplomacy will not only transform U.S. a
id but bolster its relevance to American interests and values in a rapidly
changing world.