Ideas to action: independent research for global prosperity
Research
Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
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April 11, 2024
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April 15, 2024
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Research
MCC MONITOR ANALYSIS
July 26, 2007
This paper examines trends in U.S. non-military global aid and how the administration’s proposed budget for fiscal year 2003 would affect those trends. The analysis addresses how the overall level of proposed aid compares with past levels and examines three standards for measuring aid over time: aid...
MCC MONITOR ANALYSIS
July 26, 2007
This paper defines seven principles to guide the design and implementation of the Millennium Challenge Account" (MCA), a new compact for development announced by President Bush in March. It assumes that MCA resources will be targeted to low-income countries that have limited, if any, access to priva...
MCC MONITOR ANALYSIS
July 26, 2007
The launch of the Millennium Challenge Account (MCA) holds the promise of being a watershed event in the history of U.S. foreign assistance. This paper discusses how should aid be delivered, once eligibility is determined, to ensure it is as effective as possible in supporting growth and development...
MCC MONITOR ANALYSIS
July 26, 2007
This paper defines two distinct and overarching objectives for the MCA and proposes 12 criteria for assessing recipient country eligibility. The authors recommend that the MCA be targeted to the poorest countries that are eligible for World Bank grants and concessional loans.