Ideas to Action:

Independent research for global prosperity

Publications

 

Cover of Challenging Foreign Aid: A Policymaker's Guide to the Millennium Challenge Account
May 1, 2003

Challenging Foreign Aid: A Policymaker's Guide to the Millennium Challenge Account

In this study, Steven Radelet examines the MCA's potential promise and possible pitfalls. He offers a rigorous analysis of the MCA’s central challenge: making foreign aid more effective in supporting economic growth and poverty reduction in the poor countries. He systematically explores what makes the MCA different and pinpoints the critical issues that will determine its success or failure.