Ideas to Action:

Independent research for global prosperity

Publications

 

March 30, 2007

Will the Millennium Challenge Account Be Caught in the Crosshairs? A Critical Year for Full Funding

As Congress gears up to allocate some $36 billion in the international affairs budget across a multitude of foreign aid programs, CGD senior policy analyst Sheila Herrling and research assistant Sarah Rose ask whether the MCA should receive the full $3 billion requested by the president for the initiative. The authors applaud the MCA as one of the few U.S. foreign aid programs specifically dedicated to long-term global growth and poverty reduction and argue that reduced funding could jeopardize its core credibility.

December 7, 2006

Madagascar: Field Report

As the first country to sign a compact with the Millennium Challenge Corporation, Madagascar has been the global guinea pig for the MCA approach. Its early experience offers important lessons for countries following in its path - both about the real challenges of program administration, and the real potential of the MCA as a source of transformation and innovation.

Sarah Lucas
March 7, 2006

Ghana: Field Report

Ghana is expected to sign the largest MCA compact to date--upwards of $500 million over 5 years--by the end of July. 

Sarah Lucas
December 7, 2005

Malawi: Field Report

On September 23, 2005 Malawi signed a funding agreement with the MCC under the MCA's Threshold Program. Malawi was only the second threshold country to reach this step, and the first to reach agreement on a proposal that tackles the thorny issues of corruption and financial management. 

Sarah Lucas
April 26, 2005

Connecting the Poor to Economic Growth: Eight Key Questions

It has long been understood that economic growth is the essential foundation for poverty reduction. The key to income growth is the expansion of jobs that pay sustainable remunerative wages, and the two keys areas of production in this vein have almost always been agriculture and labor-intensive manufactured exports. Rising average incomes, both personal and national, are a necessary ingredient for improved livelihoods, but they do not guarantee broad-based poverty reduction. Economic history shows that countries, and communities within countries, with similar growth rates can have very different degrees of success in connecting growth to the poor and translating it into sustained poverty reduction.

Sarah Lucas and Peter Timmer