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Displaying 1 - 10 of 104
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Blog Post
Remembering Dana Hyde, MCC’s Fourth CEO
Nancy Birdsall et al.
March 09, 2023
Dana Hyde showed tremendous leadership and wisdom as the fourth head of the Millennium Challenge Corporation (MCC), serving for nearly three years during President Obama’s second term. These brief notes on her leadership are our way of providing a tribute to her major contributions to MCC’s effectiv...
Blog Post
The 117th Congress Resolves to Spend More on Development in the New Year: A Look Back at the FY23 Omnibus
Erin Collinson et al.
January 10, 2023
Ahead of the holiday break, US lawmakers reached agreement on a final FY2023 spending deal. After months of stalled negotiations, an omnibus appropriations package was far from guaranteed. But concerns about the consequences of a long-term continuing resolution—and the prospect of adding a major tas...
Blog Post
How Does MCC Fit Into the New US Commitment to Africa? Interview with Alice Albright
Nancy Lee
December 14, 2022
As African and US Leaders meet in the Washington Summit this week, we decided to ask the leader of a key agency, with a long track record on the continent, how it is contributing to more effective and expanded US engagement. We asked Millennium Challenge Corporation (MCC) CEO Alice Albright a series...
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The MCC Wants to Work in Richer Countries. It’s a Bad Idea.
Charles Kenny
August 25, 2022
The existing MCC income cutoff is based on the robust principle that the best buys in global development are concentrated in the world’s poorest countries. (Indeed, when the Corporation started, it only worked in low-income countries for that reason). There is a declining marginal utility of a dolla...
Blog Post
As Summer Heats Up, Does MCC Need a Bigger Pool?
Erin Collinson
and
Jocilyn Estes
July 25, 2022
MCC’s singular mission of tackling poverty through economic growth and its unique, data-driven approach to investment have long held bipartisan appeal. But MCC may be best known for partnering with lower-income countries that are relatively well-governed.
Blog Post
Want More Infrastructure in Poor Countries? Help MCC Do More
Nancy Lee
July 25, 2022
Few would question that building productive infrastructure has to be at the center of development goals, energy access, food security, and combatting and adapting to climate change. We just saw G7 countries make a bold commitment to infrastructure, launching the Partnership for Global Infrastructure...
Blog Post
Ukraine Needs the Millennium Challenge Corporation. The MCC Can’t Help.
Charles Kenny
June 30, 2022
The MCC is particular about which countries it supports. Among the requirements, Ukraine passes the agency’s (important and legitimate) hurdle that it only works in the world’s low- and lower-middle-income countries. It also passes a lot of other tests the MCC lays out for support, based on a scorec...
Blog Post
Making the Most Out of the US Development Toolbox: DFC and MCC’s FY23 Budgets
Erin Collinson et al.
June 13, 2022
This week, the House Foreign Affairs Committee turns its attention to the resourcing needs of the Millennium Challenge Corporation and US International Development Finance Corporation—two agencies that fill distinct functions within the US development architecture. We’ll be listening for lawmakers’ ...
Blog Post
Discounting the Future, Climate Risk, and MCC’s Focus on Results
Theresa Osborne
and
Sarah Rose
April 07, 2022
The Millennium Challenge Corporation (MCC) has earned a reputation for its strong focus on results, which informs everything from country selection to the robust evaluation of project impacts. One of the bedrocks of MCC’s results orientation is its requirement that its projects achieve high economic...
Blog Post
Few Hits and Many Misses for Development in the FY22 US Spending Package
Jocilyn Estes
and
Erin Collinson
March 18, 2022
Nearly six months into the fiscal year, Congress finally delivered an FY22 spending bill last week. But even after stalled negotiations prompted worries that lawmakers would be unable to reach a deal at all, the final measure is something of a disappointment—failing to deliver sufficient resources t...

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