MCC

This ninth MCA Monitor Report from the Field is a snapshot-in-time of El Salvador’s program in the early phases of its implementation, during a year in which the Millennium Challenge Corporation (MCC) is under pressure to increase and accelerate disbursements, demonstrate tangible impacts, and subst...

The argument about whether foreign aid "works" rages on. Recently, Paul Collier sought a practical middle path between William Easterly's development pessimism and Jeffrey Sach's development boosterism. How can smart people draw such contradictory conclusions from the same data? This new working pap...

On December 12, the Millennium Challenge Corp. (MCC) Board will choose which countries are eligible for FY2008 funding in what may be the toughest selection round to date. With funding tight, new countries passing the performance test, half of the countries with signed compacts failing, and an MCC ...

Amid a contentious FY2008 budget round between Congress and the White House, foreign assistance -- particularly that for development -- may face cuts during negotiations. The Millennium Challenge Account (MCA) -- one of few U.S. foreign aid programs specifically targeted to long-term development ob...

The board of the Millennium Challenge Corporation will soon decide how to incorporate two new natural resources indicators—a Natural Resource Management Index (NRMI) and a Land Rights and Access indicator—into the FY2008 country selection process. In a new paper by CGD’s MCA Monitor team...

This paper defines two distinct and overarching objectives for the MCA and proposes 12 criteria for assessing recipient country eligibility. The authors recommend that the MCA be targeted to the poorest countries that are eligible for World Bank grants and concessional loans.