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CGD NOTES
May 24, 2022
The first section of this note examines the causes and consequences of Afghanistan’s financial crisis and lays out policy options the international community can support to enable urgent financial flows and restore the basic functioning of the Afghan financial system. The next section examines prosp...
Blog Post
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...
Mar
15
2022
9:00—10:00 AM Eastern Time (US and Canada)
March 07, 2022
During the six months since the August 2021 fall of the government of the Islamic Republic of Afghanistan, Afghanistan has faced a massive humanitarian and economic crisis. With disruption in employment and acute food insecurity, it is estimated that over 24 million Afghans require urgent humanitari...
Blog Post
October 25, 2021
As Afghanistan enters its harsh winter season, a massive humanitarian disaster appears increasingly likely. Facing food shortages, rising prices, and a breakdown in public services, millions of ordinary Afghans need immediate assistance as their country veers toward economic collapse.
Blog Post
October 19, 2021
We’re already a few weeks into the new fiscal year, but nevertheless it’s good to see the House Foreign Affairs Committee has plans to delve into the FY2022 budget request for the Millennium Challenge Corporation (MCC), alongside the requests for DFC and the Peace Corps. Looking only at the topline ...
Blog Post
October 19, 2021
With COP26 only weeks away, policymakers around the world are focusing renewed attention on the climate crisis—and the US Congress is no exception. An upcoming House Foreign Affairs hearing, convened jointly by the Subcommittee on International Development, International Organizations, and Global Co...
CGD NOTES
July 15, 2021
After four years of neglect from the White House under President Trump—and declines in direct funding—climate has (re)emerged as a centerpiece of US global engagement and US development policy more specifically, as policymakers seek to support emerging economies to meet economic growth goals in a su...
Blog Post
December 17, 2020
It’s also become increasingly clear that while regional compacts represent an important new tool in MCC’s toolbox, they’re likely to remain a limited part of the agency’s overall portfolio, in large part because of MCC’s country eligibility requirements. This blog outlines the limitations and poses ...
Blog Post
December 09, 2020
On December 15, the Millennium Challenge Corporation’s board of directors will hold its annual country selection meeting (the last of the Trump administration), identifying which countries will be made newly eligible for the agency’s funding. Every year CGD’s US Development Policy team highlights ke...
Oct
20
2020
10:00—11:30 AM ET
October 07, 2020
While eight of the world’s ten fastest-growing economies are in Africa, the region as a whole—much like the rest of the world—faces economic contraction it can ill afford. The continent’s post-COVID recovery will hinge, in part, on continued progress toward regional integration. The market size of m...