It’s also become increasingly clear that while regional compacts represent an important new tool in MCC’s toolbox, they’re likely to remain a limited part of the agency’s overall portfolio, in large part because of MCC’s country eligibility requirements. This blog outlines the limitations and poses some questions the agency will need to address when considering its next regional investments.
CGD Policy Blogs
On December 15, the Millennium Challenge Corporation’s board of directors will hold its annual country selection meeting (the last of the Trump administration), identifying which countries will be made newly eligible for the agency’s funding. Every year CGD’s US Development Policy team highlights key issues the board will grapple with and predicts which countries the board will choose for compacts—large, five-year grant programs—and which it will select for threshold programs—smaller, more limited grant agreements.
Drawing on work done jointly with CGD, New York University’s Center on International Cooperation (CIC) just released a paper by Marc Jacquand that makes the case for better IFI-UN coordination in fragile states to better identify macroeconomic and political vulnerabilities, anticipate the tipping points that can arise from their interaction, and structure preventive support accordingly. In this blog, we discuss some of the key issues that the CIC paper—and our joint work—raise and plot a course for future research and analysis.
Whether a COVID-induced expansion of cash transfers can set the stage for increased use of cash as a broader development tool remains to be seen.
MCC’s experience offers useful lessons for the State Department and other GFA implementing agencies.
Henry Asor Nkang from Nigeria's Ministry of Finance, Budget, and National Planning and Publish What You Fund CEO Gary Forster join me on the podcast to discuss the current state of aid data transparency, the impacts of the pandemic, and how countries and donors can use data to improve development efforts.
In a new paper, we explore several channels for successful DFC interagency coordination—both in Washington and in the field. Each agency can help advance specific objectives related to DFC’s development mandate.
The Trump administration’s “America First” doctrine has often colored US development policy in an unfavorable way, seeming to inform decisions to withdraw from international dialogues on collective action challenges, restrict migration, and adopt a short-term, transactional view of foreign assistance. These actions have reflected poorly on the United States’ role as a global leader and have considerable implications for development outcomes.
Bella Bird of the World Bank, Sharmarke Farah of the government of Somalia, and Jonathan Papoulidis of World Vision join me to discuss the potential of country platforms for aid coordination—specifically the history and progress of Somalia's platform, the importance of country ownership, and how to make the best use of lessons learned.
By putting a hold on its programs in Kosovo—to pressure new forms of policy change unrelated to its programming—MCC is letting down its side of the bargain.