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Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
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MCC MONITOR ANALYSIS
November 16, 2007
Amid a contentious FY2008 budget round between Congress and the White House, foreign assistance -- particularly that for development -- may face cuts during negotiations. The Millennium Challenge Account (MCA) -- one of few U.S. foreign aid programs specifically targeted to long-term development ob...
MCC MONITOR ANALYSIS
October 22, 2007
The Millennium Challenge Corp. (MCC) will soon release performance data that will form the basis of its FY2008 country selection round. The only indicator that countries must pass to qualify for MCC money is Control of Corruption. CGD's Sheila Herrling and Sarah Rose have crunched the numbers for t...
ESSAYS
September 10, 2007
Paul Collier's new book, The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It, argues that many developing countries are doing just fine and that the real development challenge is the 58 countries that are economically stagnant and caught in one or more "traps": ar...
MCC MONITOR ANALYSIS
August 27, 2007
The board of the Millennium Challenge Corporation will soon decide how to incorporate two new natural resources indicators—a Natural Resource Management Index (NRMI) and a Land Rights and Access indicator—into the FY2008 country selection process. In a new paper by CGD’s MCA Monitor team...
ESSAYS
June 27, 2007
Chinese foreign aid is rising fast and Western aid agencies are concerned: will Chinese aid undermine efforts to promote reform in Africa and elsewhere? Will Chinese loans burden poor countries with fresh debt? In this new essay, CGD visiting fellow Carol Lancaster provides a concise and accessible ...
MCC MONITOR ANALYSIS
May 17, 2007
Since its inception in 2004 the Millennium Challenge Corporation (MCC) has been an experiment in improving the effectiveness of U.S. foreign aid in a small set of poor but well-governed countries. This new MCA Monitor Analysis brief based on visits to seven Millennium Challenge Account (MCA) countri...
MCC MONITOR ANALYSIS
May 17, 2007
This analysis from CGD's MCA Monitor describes two new indicators of governance and policy performance that determine a country’s eligibility for Millennium Challenge Account (MCA) finance: Natural Resources Management Index and Land Rights & Access. The authors analyze the process that led to their...