MCC’s singular mission of tackling poverty through economic growth and its unique, data-driven approach to investment have long held bipartisan appeal. But MCC may be best known for partnering with lower-income countries that are relatively well-governed.

DFC has been the subject of a growing list of proposals from lawmakers that envision the agency tackling a wider range of challenges than initially envisioned. The agency may find ways to leverage this heightened interest. However, delivering on the bipartisan, foundational vision for DFC amid evolv...

The World Bank and other multilateral development banks are historically underutilized assets when it comes to USAID’s development objectives across a wide range of sectors and initiatives. We offer instead a set of recommendations that USAID could implement largely within its own purview, or with a...

This week, the House Foreign Affairs Committee turns its attention to the resourcing needs of the Millennium Challenge Corporation and US International Development Finance Corporation—two agencies that fill distinct functions within the US development architecture. We’ll be listening for lawmakers’ ...

This blog post argues that higher health spending is unlikely to be sustained because of the pandemic’s adverse impact on revenues, other spending pressures, and the resulting deteriorating fiscal position of LLMICs. This suggests that countries will need to undertake policy actions to create additi...

On May 12, the White House will co-host the Second Global COVID-19 Summit—alongside the governments of Belize, Germany, Senegal, and Indonesia. The (virtual) convening comes more than seven months after a US-organized meeting last September that was intended to spur global action to bring an end to ...

As developing countries recover from the pandemic, they will need to bring their public finances to a more sustainable position by streamlining public spending and strengthening the revenue base. The need to mobilize additional resources has been exacerbated by the recent economic turmoil triggered ...