IGD strongly supports the U.S. government's Millennium Challenge Corporation (MCC) because of its emphasis on long-term investments that support economic growth and poverty reduction, its recognition that partner governments need to design and implement their own development strategies, and its insistence on evaluating program impact and accountability.
 The MCC identifies poor countries committed to good governance, economic freedom and investing in their citizens and forms partnerships to fund country-led solutions for reducing poverty. The two main types of MCC grants are compacts, large five-year grants for countries that pass MCC’s eligibility criteria, and threshold programs, smaller grants awarded to countries that are close to and committed to passing MCC's criteria. To date, the MCC has approved over $7.4 billion in grants to support country-determined projects in sectors such as agriculture, infrastructure, and finance and enterprise development.
Actions IGD has taken in support of the MCC
Op-eds
U.S. foreign assistance's effectiveness should be held to rigorous standard
The Seattle Times, July 21, 2009
Op-ed by Gerald Grinstein and William D. Ruckeslhaus, IGD Leadership Council members
We must keep up the fight to reduce poverty
San Francisco Chronicle, October 20, 2008
Op-ed by John J. Danilovich, IGD Leadership Council member and former CEO of the MCC
Business leaders at work to end global poverty
The Indianapolis Star, March 16, 2008
Op-ed by Theodore M. Solso and William D. Ruckelshaus, IGD Leadership Council members
Resources
MCC CEO Blog
MCC Poverty Reduction Blog
From Challenge to Opportunity: A Proposal to Adjust the MCC's Candidacy Selection Method
Center for Global Development, April 14, 2010
MCA Monitor Analysis paper by Sarah Jane Staats, Casey Dunning and Paolo Abarcar
From Innovation to Impact: Next Steps for the Millennium Challenge Corporation
Center for Global Development, January 16, 2009
MCA Monitor Analysis paper by Sheila Herrling, Molly Kinder and Steve Radelet
Strengthen the Millennium Challenge Corporation: Better Results are Possible
The Brookings Institution, December 2008
Brookings Policy Brief by Lex Rieffel and James W. Fox
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