With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
Burkina Faso was the first country to sign a threshold program with the MCC and the second nation to transition from a threshold program to compact implementation. In CGD’s latest MCA Monitor Report from the Field, Rebecca Schutte examines the implementation successes and challenges of the MCC’s programs in Burkina Faso at every level of society
This ninth MCA Monitor Report from the Field is a snapshot-in-time of El Salvador’s program in the early phases of its implementation, during a year in which the Millennium Challenge Corporation (MCC) is under pressure to increase and accelerate disbursements, demonstrate tangible impacts, and substantiate the country-driven model as a viable alternative to traditional U.S. government foreign assistance. El Salvador’s experience highlights the challenges of balancing country ownership and oversight as well as managing procurement and expectations. The report suggests solutions to pressing questions related to country ownership, the consultative process, donor coordination, aid effectiveness, and transparency.
Amid a contentious FY2008 budget round between Congress and the White House, foreign assistance -- particularly that for development -- may face cuts during negotiations. The Millennium Challenge Account (MCA) -- one of few U.S. foreign aid programs specifically targeted to long-term development objectives -- is especially vulnerable. In a new MCA Monitor Analysis, senior policy analyst Sheila Herrling presents a path forward for Congress and the administration to address the real issues hindering MCA implementation, and argues against an amendment introduced by Senator Lugar to change the MCA's compact funding obligations policy because it erodes key innovations that distinguish the MCA from other aid programs.
The Millennium Challenge Corp. (MCC) will soon release performance data that will form the basis of its FY2008 country selection round. The only indicator that countries must pass to qualify for MCC money is Control of Corruption. CGD's Sheila Herrling and Sarah Rose have crunched the numbers for the corruption indicator data and offer an early preview of which countries will clear the hurdle—and which are likely to trip. In early November the MCA Monitor team will release their predictions of which countries will be deemed eligible for Millennium Challenge funding. The MCC Board is scheduled to announce its decision on December 4.
The Millennium Challenge Corp. (MCC) board will this week to select countries eligible to apply for 2006 MCA funding. New papers from CGD's MCA Monitor initiative consider which countries are likely to qualify and the tension between limited funding and the desire to make large grants to a growing number of countries.