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MCC MONITOR ANALYSIS
July 25, 2007
This MCA Monitor Analysis assesses the potential impact of five new global governance indicators--rule of law, government effectiveness, voice and accountability, control of corruption and regulatory quality-- on country qualification for FY 2006 Millennium Challenge Account (MCA) funding.
MCC MONITOR ANALYSIS
July 25, 2007
In this MCA Monitor Analysis Steve Radelet and Mvemba Dizolele address the challenges the new leader of the Millennium Challenge Corporation will face when Paul Applegarth leaves office, including scaling up activities to provide countries with a strong commitment to development with substantial fun...
MCC MONITOR ANALYSIS
July 25, 2007
In this companion note to "Round Three of the MCA: Which Countries are most likely to Qualify in FY 2006" Sheila Herrling and Steve Radelet offer advice to the MCC Board on how to balance the increase in qualifying countries, the desire for larger compacts, and limited funding.
MCC MONITOR ANALYSIS
July 25, 2007
One of the Millennium Challenge Corporation’s (MCC) key innovations is its transparency criteria for country selection. But is the MCC as transparent in its decision-making process, particularly in decisions that are exceptions to rules? This paper argues that the MCC should deepen its transparency ...
MCC MONITOR ANALYSIS
July 25, 2007
When the MCA was first introduced, many assumed it would deliver some of its funding through general budget support. But so far it has continued funding via traditional project finance. In this paper, Herrling and Radelet review trends in development assistance toward general budget support and prop...
MCC MONITOR ANALYSIS
July 24, 2007
The Millennium Challenge Account (MCA) was intended to complement-not replace-existing aid structures. But there are concerns that increases in MCA funding are diverting funding away from USAID. In this study, the authors find that core development aid targeted specifically at poverty reduction and ...
MCC MONITOR ANALYSIS
July 24, 2007
The MCC Board of Directors faces many important decisions in the upcoming FY07 selection round. Perhaps the most controversial will be decisions about whether to select Indonesia and Jordan to be eligible this year. The MCA Monitor predicts that it is likely that the Board will select both countrie...