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Millennium Challenge Corporation by David B. Gootnick (au),Jeanette M. Franzel (au) Pdf
In Jan. 2004, Congress estab. the Millennium Challenge Corp. (MCC) to administer the Millennium Challenge Account. MCC's mission is to promote econ. growth & reduce extreme poverty in developing countries. MCC must rely on quantitative criteria in determining countries' eligibility for assistance. MCC will provide assistance primarily through compacts -- agree. with country gov'ts. MCC aims to be one of the top donors in countries with which it signs compacts. For FY 2004 & 2005, MCC received $2.5 billion; for FY 2006, $3 billion. This report monitors MCC's: (1) process for determining country eligibility, (2) progress in developing compacts, (3) coord. with key stakeholders, & (4) estab. of mgmt. structures & accountability mechanisms. Illus.
The Other War by Lael Brainard,Carol L. Graham,Nigel Purvis Pdf
A Brookings Institution Press and the Center for Global Development publication The plight of the poorest around the world has been pushed to the forefront of America's international agenda for the first time in many years by the war on terrorism and the formidable challenges presented by the HIV/AIDS pandemic. In March 2002, President Bush announced the creation of the Millennium Challenge Account (MCA). This bilateral development fund represents an increase of $5 billion per year over current assistance levels and establishes of a new agency to promote growth in reform-oriented developing countries. Amounting to a doubling of U.S. bilateral development aid—the largest increase in decades—the MCA offers a critical chance to deliberately shape the face that the United States presents to people in poor nations around the world. This book makes concrete recommendations on crafting a new blueprint for distributing and delivering aid to make the MCA an effective tool, not only in its own right, but also in transforming U.S. foreign aid and strengthening international aid cooperation more generally. The book tackles head on the tension between foreign policy and development goals that chronically afflicts U.S. foreign assistance; the danger of being dismissed as one more instance of the United States going it alone instead of buttressing international cooperation; and the risk of exacerbating confusion among the myriad overlapping U.S. policies, agencies, and programs targeted at developing nations, particularly USAID. In doing so, The Other War draws important lessons from new international development initiatives, such as the Global Fund to Fight AIDS, TB, and Malaria, the mixed record of previous U.S. aid efforts, trends in the U.S. budget for foreign assistance, the agencies currently involved in administering U.S. development policy, and the importance of the relationship between Congress and the executive branch in determining aid outcomes. The MCA holds the promise of substantially increasing U.S. development assistance and piolicy, and the importance of the relationship between Congress and the executive branch in determining aid outcomes. The MCA holds the promise of substantially increasing U.S. development assistance and pioneering a new era in aid, but the authors caution against creating yet another example of wasted aid that could undermine political support for foreign assistance for decades to come.
Millennium Challenge Corporation progress made on key challenges in first year of operations : testimony before the Committee on International Relations, House of Representatives by Anonim Pdf
Millennium Challenge Corporation by David Gootnick Pdf
The Millennium Challenge Corp., now in its 4th year of operations, is to provide aid to developing countries that have demonstrated a commitment to ruling justly, encouraging economic freedom, and investing in people. MCC provides assistance to eligible countries through multiyear compact agreements to fund specific programs targeted at reducing poverty and stimulating economic growth. As of Aug. 2008, MCC had signed compacts with 18 countries totaling approx. $6.3 billion; of the 18 signed compacts, 11 compacts had entered into force, obligating a total of approx. $3 billion. This report includes fact sheets for the 11 MCC compacts that had entered force as of Aug. 2008. Illustrations.
United States. Congress,United States House of Representatives,Committee on International Relations
Author : United States. Congress,United States House of Representatives,Committee on International Relations Publisher : Createspace Independent Publishing Platform Page : 94 pages File Size : 50,8 Mb Release : 2018-02-15 Category : Electronic ISBN : 1985580535
The Millennium Challenge Account by United States. Congress,United States House of Representatives,Committee on International Relations Pdf
The Millennium Challenge Account : hearing before the Committee on International Relations, House of Representatives, One Hundred Eighth Congress, first session, March 6, 2003.
Author : Steven C. Radelet Publisher : Peterson Institute for International Economics Page : 216 pages File Size : 53,6 Mb Release : 2003 Category : Business & Economics ISBN : STANFORD:36105111800822
Reviews key issues in the debate about the effectiveness of development assistance, including the objectives of foreign aid, the process for selecting countries to receive aid, and how it should be delivered. It applies these lessons to President Bush's proposed Millennium Challenge Account.
Millennium Challenge Corporation: Summary Fact Sheets for 17 Compacts by David B. Gootnick Pdf
This is a print on demand edition of a hard to find publication. The Millennium Challenge Corp. (MCC) provides aid to developing countries that have demonstrated a commitment to ruling justly, encouraging econ. freedom, and investing in people. MCC provides assistance to eligible countries through multi-year compact agreements to fund specific programs targeted at reducing poverty and stimulating econ. growth. This report includes fact sheets for 17 of the MCC compacts that had entered into force as of 12/09, which summarize each country¿s: general characteristics; timeline of key compact events as of 6/10; performance on MCC¿s eligibility indicators; per capita income relative to MCC income criteria; compact characteristics and structure; compact funding and project allocations as of 12/09.
The Other War by Lael Brainard,Carol L. Graham,Nigel Purvis Pdf
A Brookings Institution Press and the Center for Global Development publication The plight of the poorest around the world has been pushed to the forefront of America's international agenda for the first time in many years by the war on terrorism and the formidable challenges presented by the HIV/AIDS pandemic. In March 2002, President Bush announced the creation of the Millennium Challenge Account (MCA). This bilateral development fund represents an increase of $5 billion per year over current assistance levels and establishes of a new agency to promote growth in reform-oriented developing countries. Amounting to a doubling of U.S. bilateral development aid—the largest increase in decades—the MCA offers a critical chance to deliberately shape the face that the United States presents to people in poor nations around the world. This book makes concrete recommendations on crafting a new blueprint for distributing and delivering aid to make the MCA an effective tool, not only in its own right, but also in transforming U.S. foreign aid and strengthening international aid cooperation more generally. The book tackles head on the tension between foreign policy and development goals that chronically afflicts U.S. foreign assistance; the danger of being dismissed as one more instance of the United States going it alone instead of buttressing international cooperation; and the risk of exacerbating confusion among the myriad overlapping U.S. policies, agencies, and programs targeted at developing nations, particularly USAID. In doing so, The Other War draws important lessons from new international development initiatives, such as the Global Fund to Fight AIDS, TB, and Malaria, the mixed record of previous U.S. aid efforts, trends in the U.S. budget for foreign assistance, the agencies currently involved in administering U.S. development policy, and the importance of the relationship between Congress and the executive branch in determining aid outcomes. The MCA holds the promise of substantially increasing U.S. development assistance and piolicy, and the importance of the relationship between Congress and the executive branch in determining aid outcomes. The MCA holds the promise of substantially increasing U.S. development assistance and pioneering a new era in aid, but the authors caution against creating yet another example of wasted aid that could undermine political support for foreign assistance for decades to come.
Millennium Challenge Corporation by United States Government Accountability Office Pdf
In January 2004, Congress established the Millennium Challenge Corporation (MCC) to administer the Millennium Challenge Account. MCC's mission is to reduce poverty by supporting sustainable, transformative economic growth in developing countries that create and maintain sound policy environments. MCC has received more than $4.2 billion in appropriations, and, as of May 2006, it had disbursed $22.4 million to four countries whose signed MCC compacts have entered into force. For the first three countries with compact entry into force-Madagascar, Cape Verde, and Honduras-GAO was requested to examine (1) key aspects that MCC reviewed, and the criteria it used, in its due diligence assessments; and (2) the structures that have been established for implementing the compacts.
The Millennium Challenge Corporation (MCC), established in 2004, arose out of a widespread frustration with then-existing foreign aid programs and represented a significant change in the way the United States delivered economic assistance. The MCC is based on the premise that economic development succeeds best where it is linked to free market economic and democratic principles and policies, and where governments are committed to implementing reform measures in order to achieve such goals.
