The Millennium Challenge Corporation: Organizational Constraints on US Foreign Aid, 2004–11
James H. Lebovic
World Development, 2014, vol. 58, issue C, 116-129
Abstract:
The Millennium Challenge Corporation (MCC) was established in 2004 to channel billions of US foreign assistance dollars to various infrastructure projects within a select group of low income countries that could presumably help themselves, when ruling justly, investing in people, and encouraging economic freedom were considered primary contributors to self-sustaining economic growth. Through multi-method analysis, this study reveals that, with its choice of assessment categories and accompanying indicators, the MCC undermines its governing principles in aid-candidate qualification.
Keywords: US foreign aid; Millennium Challenge Corporation; development assistance; good governance; governmental decision making and rule making (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:58:y:2014:i:c:p:116-129
DOI: 10.1016/j.worlddev.2014.01.001
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