The United States international played alongside the 19-year-old during a loan-spell at Goodison Park last season.
And Donovan believes Rodwell, who has been linked with a move to Manchester United, has the potential to make as big an impact for his country as Wayne Rooney.
"I think, along with Wayne Rooney, Jack [Rodwell] really is the future of England," he told the Daily Star.
"Following England's World Cup campaign, I know the coach is being urged to bring through young blood.
"I really believe Jack could rejuvenate this England team. I don't give out false praise but this young guy really is a future world-beater."I am sure he can make the same impact for club and country that Wayne [Rooney] and David [Beckham] have - that's really how good he is.
"I have obviously trained and played with him at Everton and he is just a natural football player. Like Wayne it's effortless to him.
"Of course England start their European Championship campaign and, if I were [Fabio] Capello, I would throw Jack in at the deep end and start him.
"Like Wayne, he has no fear and I feel he is already ready to play at the highest level."