31. Millennium Challenge Corporation: Can the Experiment Survive?
- Author:
- John Hewko
- Publication Date:
- 03-2010
- Content Type:
- Working Paper
- Institution:
- Carnegie Endowment for International Peace
- Abstract:
- The Millennium Challenge Corporation (MCC) was established in 2004 to provide grants to a select group of developing countries that demonstrate a commitment to good governance by investing in the health and education of their people and adopting sound economic policies. The MCC has performed admirably in the face of a number of challenges and unrealistic expectations, but its future success depends on its ability to address important philosophical and operational issues, and on Congress reforming the mechanisms by which it funds and judges foreign aid programs.
- Topic:
- Foreign Policy, Development, Emerging Markets, and Foreign Aid
- Political Geography:
- United States