Tag: MCC

 

A Small Change That Would Make Big Sense for MCC

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The Millennium Challenge Corporation (MCC) was designed to provide large-scale grant funding to poor, well-governed countries. It’s become clear, however, that the (legislated) definition of which countries are “poor” is inadequate. In a 

MCC Gets Serious About Paying for Results

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For some time, we’ve been cheering MCC’s interest in pursuing approaches that pay for outcomes and encouraging the agency’s stakeholders to get onboard (here and here). Now we can applaud an important step forward. The agency’s new compact with Morocco, which both partners celebrated at an event last Thursday in Rabat, spells out the potential for a results-based financing component—a welcome development.

A Big, Bold Plan for MCC’s Future

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After more than a decade of operations, MCC has made the shift from innovative start-up to established donor agency.  “MCC NEXT,” the agency’s new, much-anticipated strategic plan, takes a hard look at how the poverty and development landscape has evolved over the past decade and stakes out the position a more mature MCC should take in this new context. 

Changes at the Rethink Initiative

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After two and a half great years as director of CGD’s Rethinking US Development Policy initiative, I’m handing over the reins to my colleague Scott Morris.  Many of you will know Scott as a CGD Senior Fellow with deep experience from the Treasury and on Capitol Hill.  He’s a thought leader on many US development issues, especially the multilateral development banks and international debt.  Rethink could not be in better hands as we start thinking about a new ad

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