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Blog Post
April 07, 2022
The Millennium Challenge Corporation (MCC) has earned a reputation for its strong focus on results, which informs everything from country selection to the robust evaluation of project impacts. One of the bedrocks of MCC’s results orientation is its requirement that its projects achieve high economic...
Blog Post
January 26, 2022
Consider the situation. Faced with growing fiscal stress, the government of an energy-exporting country decides to cut generous subsidies, doubling the price of fuel overnight. Protestors are out on the streets, clashing violently with security forces called in to maintain law and order. They vent t...
Blog Post
January 21, 2022
Aid alone will not resolve the humanitarian crisis in Afghanistan. Without a functioning financial system, many Afghans will remain unable to buy essential goods, including food and medicine. Humanitarian actors seeking to relieve the effects of these shortages will struggle to move money into and w...
Blog Post
December 11, 2014
The votes are in! Yesterday, MCC’s board of directors met to select countries for FY2015 compact and threshold program eligibility. Last week, I made some predictions about the choices the board would make. Let’s look at yesterday’s decisions and see how I did&hel...
Blog Post
November 25, 2014
Countries have traditionally invested their sovereign wealth in securities of major markets able to provide dependable returns and macroeconomic stability, but some are now investing more sovereign wealth domestically because of diminished returns in major markets and new investment opportunities at...