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MCC Monitor: Tracking the Millennium Challenge Corporation
The MCC Monitor, active since 2005, provides rigorous policy analysis and research on the operations and effectiveness of the Millennium Challenge Corporation. The MCC Monitor seeks to contribute to MCC's success by offering evidence-based recommendations, drawing lessons from relevant experiences, raising awareness, and linking related work on aid effectiveness.
While the MCC Monitor covers a wide range of issues, it has two specific and regular series of work:
Analysis of MCC Country Eligibility: CGD and the MCC Monitor have provided analysis and commentary on MCC’s country eligibility process since MCC selected its very first set of countries in 2004. Work in this series includes annual predictions of which countries MCC will select for eligibility, as well as recommendations to improve MCC’s indicator-based country eligibility system.
Reports from the Field: This is an occasional series that provides a snapshot-in-time, on-the-ground assessment of individual country experiences with developing and implementing MCC programs in order to inform broader MCC policies and approaches.
The MCC Monitor is part of CGD’s Rethinking US Development Policy initiative that seeks to broaden the US government’s approach to development while strengthening existing foreign assistance tools.
This week, Congress passed the African Growth and Opportunity Act and Millennium Challenge Act Modernization Act (H.R. 3445). Once signed, it will give MCC the long-awaited authority needed to pursue regional programming more effectively.