Ideas to Action:

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CGD Policy Blogs

 

MCC’s CEO Shines a Light on the Way Forward for MCC

Our celebration of MCC’s tenth birthday continued last week with a thought-provoking open conversation with MCC CEO Dana J. Hyde. The well-attended public event, co-hosted by CGD and the Brookings Institute, was a fantastic opportunity to hear, from MCC’s own leadership, a reflection on the agency’s first ten years and a vision for the agency’s future. (If you missed it, you can watch it here.)

Time for US to Ramp Up Efforts on Domestic Resource Mobilization

At the World Bank and IMF’s Spring Meetings last week there was much discussion around 0.7 — that decades-old target whereby donors should provide aid equal to 0.7% of their GDP. But there’s a much more current and strategic conversation happening around 0.07% — the amount of assistance donors provide to improve domestic resource mobilization in developing countries. This rounding error goes toward high-impact efforts like improving revenue collection and customs capacity in developing countries.