Thank you, Mr. Chair.
It's an honour and a privilege to be here in Canada. Thank you very much for the invitation.
I'm Dan Runde, and as you described, I'm the director of the Project on Prosperity and Development and the William A. Schreyer Chair in Global Analysis at CSIS.
When I was at AID, they accused me of working for the CIA. And I know that up here you'll accuse me of working for CSIS, and I'm guilty as charged. But in this case, it's the Center for Strategic and International Studies, which is a foreign policy, defence, and now development think tank in the United States.
I've been to Canada many times and have had the honour and privilege of participating in the Halifax security conference. This is my third year, so I'm very familiar with Canada.
I think that from my remarks you'll see that I have some thoughts for you about your study.
I have just a couple of sentences more about me. I've worked in government. I was with the World Bank Group, at the International Finance Corporation, where I managed relations with philanthropy and corporate philanthropy as part of the World Bank Group. Then I ran a significant initiative office at the U.S. Agency for International Development, which is the U.S. equivalent of Canada's CIDA, on partnerships and public-private partnerships. I'll talk a little bit about that.
I've also worked in the private sector. I worked at what's now Deutsche Bank. I worked at Citibank. I worked at the Bank of Boston when I lived overseas in Argentina for three years.
In another capacity, I'm also president of a professional society in Washington. Basically, it's the equivalent of a development practitioners association. It's called the Society for International Development.
So I wear a lot of hats, and I bring a lot of perspectives to this conversation about the role of the private sector, particularly for Canada and Canada's development cooperation.
I'm going to leave the committee with a few thoughts, and then I look forward to your questions.
First, Canada is a major global player that is poised to take advantage of a changed development landscape. One major change has been the massive increase and shift in resources to private sector economic engagement from the developed world to the developing world. Another major change has been an acknowledgement of the central role of the private sector in poverty alleviation.
Let me first talk about the shift in resource flows and bring it specifically to the Canadian case. Canada's official development assistance, as a whole, has grown from about $2.7 billion Canadian ten years ago to over $5 billion in 2010. This committee knows this very well. If you'll allow me, it is, of course, in Canadian dollars and not in U.S. dollars, so we're talking about real money, as opposed to....