That’s the question the Chicago Council on Global Affairs is asking and they are inviting you to weigh in by answering a brief survey here.
During Elizabeth Littlefield’s confirmation hearing last week, she said the mission of the Overseas Private Investment Corporation (OPIC) had been her own for much of her career. If confirmed as the next president of OPIC, Littlefield will bring an important private sector voice to Obama’s development table. (Meanwhile, we are still waiting for movement on Lael Brainard who was nominated almost a year ago to become undersecretary for international affairs at Treasury—a position critically important for issues related to the
On March 11th, the new MCC Board will meet for the first time, chaired by Secretary of State Clinton. Treasury Secretary Geithner is scheduled to participate, as are acting heads of USTR, MCC, and USAID. The institutional memory will reside in the four private, non-governmental members of the Board whose terms transcend Administrations and provide a critical backbone at all times, but particularly in times of transition.
This is a joint blog posting by Sheila Herrling and Amy Crone.
This week, the Board of Directors of the Millennium Challenge Corporation will decide how to officially incorporate the new natural resources indicators into the FY2008 country selection process. Steve Radelet, Sheila Herrling and I have just posted a new paper discussing, in particular, the options (and a suggestion) for adding one of the new indicators--the Natural Resources Management Index--in the Investing in People category.
The Millennium Challenge Account gets a nice boost from the Washington Post editorial page today. A nice reminder of why the MCA was created and a call for giving it space to prove itself before slashing its budget request.
Steve Radelet addressed many of these issues in his testimony before the House Subcommittee on Africa and Global Health a few weeks ago.
On January 29th, the Millennium Challenge Corporation will brief staff-level representatives of its Board on its plans to formally add the new natural resources indicators into the FY2008 country selection. Steve Radelet, Sarah Rose and I have just posted a new paper on how best to do this. Let us -- and the MCC --know what you think.
Yesterday (Nov. 6), CGD Senior Fellow and MCA Monitor expert Steve Radelet presented our predictions for which countries we think the MCC Board will select as eligible for FY 2007 funding in tomorrow's MCC Board meeting. Read the transcript of the event.
Next Wednesday, the MCC Board will select countries eligible to apply for FY 2007 funding. With funding tight, four countries with signed MCC compacts failing the indicators test but pressing for exemptions, and two countries that might be chosen for political purposes, this year's selection round will test the MCC's adherence to its principles.
This week the IFC released data from its new 2007 "Doing Business" survey. The update includes new data on the cost and time to register property, both of which are components of the new "Land Rights and Access" indicator that the MCC will use this year as supplemental information in making its selections for MCC eligibility. We provided an analysis of the new indicators earlier this week.