The MCA Monitor team presents its predictions for the MCC's selection of countries eligible to apply for funding in 2009. Steve Radelet and Amy Crone take a hard look at the tough choice the MCC has to make, and they offer suggestions to help the MCC to weather a tight budget and political transition, to increase transparency, and clarify criteria for Threshold Program elegibility.
With the U.S. Millennium Challenge Corp. (MCC) soon to release the scorecards and performance data that form the basis of the FY09 country selection round, Sheila Herrling and Amy Crone examine how countries fare on the control of corruption indicator, the only “hard hurdle” that countries must pass to qualify for MCC money, in this new MCA Monitor Analysis.
This ninth MCA Monitor Report from the Field is a snapshot-in-time of El Salvador’s program in the early phases of its implementation, during a year in which the Millennium Challenge Corporation (MCC) is under pressure to increase and accelerate disbursements, demonstrate tangible impacts, and substantiate the country-driven model as a viable alternative to traditional U.S. government foreign assistance. El Salvador’s experience highlights the challenges of balancing country ownership and oversight as well as managing procurement and expectations. The report suggests solutions to pressing questions related to country ownership, the consultative process, donor coordination, aid effectiveness, and transparency.
New Day, New Way: U.S. Foreign Assistance for the 21st Century calls on the next American president, Congress, policymakers and the American people to overhaul how the U.S. helps poor people in developing countries. Among the recommended steps: a new national foreign assistance strategy and a new Foreign Assistance Act to replace the outdated framework that President Kennedy signed nearly 50 years ago. CGD senior fellow Steve Radelet is a co-chair of the authoring group, the Modernizing Foreign Assistance Network.
The U.S. Foreign Corrupt Practices Act is supposed to prevent U.S. corporations from giving bribes while conducting business abroad--bribes that encourage corruption in poor countries and stymie development. But some corporations use gaping loopholes in the law and its international counterpart, the OECD Convention on Combating Bribery, to win contracts and enjoy special advantages without fear of prosecution. Combating Corrupt Payments in Foreign Investment Concessions: Closing the Loopholes, Extending the Tools, a new report by CGD non-resident fellow Theodore Moran, describes the nature of these corrupt relationships and the harm they cause. It also offers suggestions on how to prevent them, including re-drafting the U.S. law and the OECD convention, tightening enforcement, and extending the Extractive Industries Transparency Initiative to other sectors and industries.
The wellbeing of adolescent girls in developing countries shapes global economic and social prosperity -- yet girls' needs often are consigned to the margins of development policies and programs. This new report describes why and how to provide adolescent girls in developing countries a full and equal chance in life. Offering targeted recommendations for national and local governments, donor agencies, civil society, and the private sector, Girls Count provides a compelling starting point for country-specific agendas to recognize and foster girls' potential.