The Millennium Challenge Corporation’s (MCC) board of directors is scheduled to meet on December 10. As usual, they will use this end-of-year meeting to vote on which countries will be eligible for MCC assistance for FY2015.
With MCC entering its second decade, there are active questions about what it can do to expand its impact. One question is to ask how MCC might expand the set of partners with which it works.
The Millennium Challenge Corporation (MCC) is at a crossroads. Many of its early compacts—large-scale, five-year grants that support country-led solutions to poverty reduction through economic growth in a select set of poor but well-governed countries—are coming to a close.
The Millennium Challenge Corporation is a US agency that provides results-oriented assistance to low- and lower-middle income countries that exhibit strong performance on a number of measures of development. Among these measures is the Worldwide Governance Indicator for control of corruption. A country must score in the top half of its income group on control of corruption to pass the overall selection procedure. This paper examines the empirical underpinning of this “corruption hard hurdle.”