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.
With MCC entering its second decade, there are active questions about what it can do to expand its impact. One question is to ask how MCC might expand the set of partners with which it works.
Advancing the US–Africa Trade and Development Agenda: Aligning US Policy Tools to Address Core Competitiveness Constraints
On July 29, 2014, senior fellow and director of CGD’s Rethinking US Development Policy Initiative Ben Leo testified before the House Ways and Means Subcommittee on Trade at a hearing about the future of the African Growth and Opportunity Act (AGOA) .
The Millennium Challenge Corporation (MCC) is at a crossroads. Many of its early compacts—large-scale, five-year grants that support country-led solutions to poverty reduction through economic growth in a select set of poor but well-governed countries—are coming to a close.
The Millennium Challenge Corporation is a US agency that provides results-oriented assistance to low- and lower-middle income countries that exhibit strong performance on a number of measures of development. Among these measures is the Worldwide Governance Indicator for control of corruption. A country must score in the top half of its income group on control of corruption to pass the overall selection procedure. This paper examines the empirical underpinning of this “corruption hard hurdle.”
Getting Serious about Underperformance of the African Growth and Opportunity Act: Policy Options for Supporting Trade Potential in Africa
With the African Growth and Opportunity Act (AGOA) scheduled to expire in September 2015, the US Congress and Obama Administration will need to consider its status this year.
Maximizing Access to Energy: Estimates of Access and Generation for the Overseas Private Investment Corporation’s Portfolio
We conservatively estimate that more than 60 million additional people in poor nations could gain access to electricity if the Overseas Private Investment Corporation were allowed to invest in natural gas projects, not just renewables.
PEPFAR is at a critical turning point in its decade-long existence. The next US Global AIDS Coordinator is uniquely positioned to set the course for the program’s future. A change in leadership at the President’s Emergency Plan for AIDS Relief creates an opportunity to ask questions about the organization and reflect in more general terms on the US response to the global AIDS epidemic.
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.
The United States government has made repeated declarations over the last decade to align its assistance programs behind developing countries’ priorities. By utilizing public attitude surveys for 42 African and Latin American countries, this paper examines how well the US has implemented this guiding principle. Building upon the Quality of Official Development Assistance Assessment (QuODA) approach, I identify what people cite most frequently as the ‘most pressing problems’ facing their nations and then measure the percentage of US assistance commitments that are directed towards addressing them.
Opening markets to trade with poor countries was a key part of the eighth Millennium Development Goal and its global partnership for development. Countries recognized that development is about more than aid and that the poorest countries needed to be more integrated with the global economy to help them create jobs and opportunities for growth. In 2005, the World Trade Organization embraced this goal and developing country members agreed that those of them “in a position to do so” should also open their markets to the least developed countries (LDCs). Since then, most developed countries have removed barriers on at least 98 percent of all goods for LDC exporters, while China and India adopted less expansive programs to improve market access for these countries.
In this paper we argue that the United States cannot afford not to revisit and reemphasize cooperation with other countries, or multilateralism, in its approach to development. That is true for aid itself because the United States is politically and bureaucratically handicapped compared to other donors in managing aid programs.
A strengthened OPIC—more efficiently deploying existing tools at no additional budget cost—would (1) increase US commercial access in emerging economies, (2) reflect economic, social, and political priorities in developing countries, (3) promote flagship US initiatives during austere budget conditions, and (4) support stability in fragile or frontline states.
The costs of food aid reform are few, but the benefits would be substantial. Now is the time to bring food aid into the 21st century.
In testimony before a foreign relations Senate subcommittee, Todd Moss spoke about the goals and shortcomings of US foreign assistance and outlined three steps to update it for the post-aid world of the 21st century.
When the Global Development Council meets on May 17 it should identify three to five key moments when President Obama, with the advice of the Council, can make a development difference. Among the immediate possibilities: the June G-8 summit in the United Kingdom, the September G-20 summit in Russia, the UN General Assembly meeting, and President Obama’s upcoming trip to Africa.
After more than a decade of US special envoys (Danforth, Zoellick, Natsios, Williamson, Gration, and Lyman) and the independence of South Sudan in July 2011, it is time for the United States to reevaluate what it is trying to achieve in its relations with the two Sudans and how best it can do that.
Bradley Parks and Zachary Rice share with the Center for Global Development the results of a global survey about whether the “MCC effect” exists.