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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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May 09, 2024
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Research
MCC MONITOR ANALYSIS
January 27, 2015
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 u...
MCC MONITOR ANALYSIS
January 27, 2015
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.
WORKING PAPERS
November 12, 2007
The recent creation of AFRICOM, a U.S. military command for Africa, is but one manifestation of the Pentagon's growing role in development. One-in-five dollars that the U.S. spends on development assistance is now handled by the Department of Defense (DoD) and the Pentagon share of U.S. development ...
CGD NOTES
November 12, 2007
The President's Emergency Plan for AIDS Relief (PEPFAR) provides more than $5 billion per year to prevent and treat HIV/AIDS. Exactly how is that money spent? Donors, recipients, and even PEPFAR staff are often left guessing, because much of the extensive data the U.S. government collects on the pro...
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 25, 2007
This note reviews the President’s 2005 international affairs budget request and offers insight into the potential MCA allocations in the context of the broader development assistance budget. The authors note that requested funding for the MCA is lower than promised and may be indirectly coming at t...