The last board meeting of the Millennium Challenge Corporation (MCC) under the Obama administration will take place on December 13, 2016. On the docket? Selecting which countries will be eligible for MCC assistance for fiscal year (FY) 2017. For the fourteenth year running, CGD’s Rethinking US Development Policy Initiative discusses the overarching issues that will impact the decisions and offers its predictions of which countries will be selected.
The Millennium Challenge Corporation’s (MCC’s) board of directors is scheduled to meet on December 16. When it does, the members will vote on which countries will be eligible for MCC assistance for fiscal year (FY) 2016. As always, the board is faced with some hard decisions.
This brief reviews the MCC’s focus on policy performance. A longer discussion can be found in the full paper, “Focus on Results: MCC’s Model in Practice.”
This brief reviews the MCC’s focus on policy performance. A longer discussion can be found in the full paper, “Focus on Policy Performance: MCC’s Model in Practice.”
A key pillar of MCC’s model is its focus on policy performance. One of MCC’s defining characteristics is that it provides funding only to countries that demonstrate commitment to good governance and growth-friendly policies.
When MCC was founded, there was widespread skepticism about the effectiveness of foreign assistance. Many observers, both external and internal to development institutions, agreed that too much aid was being spent on poor projects in service of poorly defined objectives with correspondingly little understanding of what these funds were achieving.
One of the key pillars of MCC’s model is that country ownership matters for results. In broad terms, the idea of country ownership is that donors’ engagement with developing countries should reflect the understanding that partner country governments, in consultation with key stakeholders, should lead the development and implementation of their own national strategies and that foreign aid should largely serve to strengthen recipients’ capacity to exercise this role.
The Millennium Challenge Corporation (MCC), an independent US foreign assistance agency, was established with broad bipartisan support in January 2004. The agency was designed to deliver aid differently, with a mission and model reflecting key principles of aid effectiveness.
The Millennium Challenge Corporation (MCC), an independent US foreign assistance agency, was established with broad bipartisan support in January 2004. MCC has a single objective—reducing poverty through economic growth—which allows it to pursue development objectives in a targeted way. There are three key pillars that underpin MCC’s model: that policies matter, results matter, and country ownership matters.
This brief reviews the MCC’s focus on country ownership. A longer discussion can be found in the full paper, “Focus on Country Ownership: MCC’s Model in Practice.”
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.
On December 10, the Millennium Challenge Corporation’s (MCC) board of directors will select countries as eligible for compact and threshold program assistance for FY2014.
This MCA Monitor predicts which countries the MCC board of directors will decide which of these countries will be eligible for assistance when they meet on December 19, 2012.
This report (the second report from the field for Honduras) examines the enduring results of the compact more than a year after its official closeout.
This analysis draws upon MCC reports and country indicator performance to predict which countries will be made eligible to apply for FY2012 compact or threshold assistance. We offer a forecast of potential FY2012 eligible countries; it is not an official list of the countries that will be selected.
To inform the Millennium Challenge Corporation’s review of its country selection process, the MCA Monitor has conducted a parallel review and offers five key recommendations.
Which Countries Pass the FY2011 Corruption Indicator? A Preview into Round 8 of the Millennium Challenge Corporation’s Country Selection
This MCA Analysis offers a preliminary look at country scores on the FY2011 control of corruption indicator.
The Millennium Challenge Corporation’s (MCC) candidate selection process uses designations for low income and lower middle income countries that are impeding the overall intent of the MCC’s legislated mandate to work with well-governed poor countries. A technical adjustment to how graduation from low income to lower middle income classification is calculated is needed to fix a problem that will otherwise get worse.
The Millennium Challenge Corp. (MCC) has received wide praise for its innovative approaches to aid allocation and delivery but has not yet reached its full potential. Now, with the transition to a new administration, the MCC must take bold steps to achieve greater effectiveness, clarity of purpose, and integration with the broader U.S. foreign assistance framework. CGD analysts Sheila Herrling, Steve Radelet, and Molly Kinder offer timely suggestions, including introducing smaller, multiple compacts, reorienting the Threshold Program, and focusing exclusively on low-income countries.