Assessing the Millennium Challenge Corporation as a Model for Foreign Assistance Reform

Dan Prud'homme

MPRA Paper from University Library of Munich, Germany

Abstract: This study assesses the effectiveness of different administrative models of US foreign assistance, with a unique focus on one that hypothetically channels more DFA-administered funds through the Millennium Challenge Corporation (MCC). The study finds several limitations with this model, and so discounts the assumption that because the MCC is a fairly effective instrument of foreign assistance simply expanding it as is would spread its benefits on a larger scale. With some additions to its framework, however, the model may be quite effective and both politically and economically feasible.

Keywords: Millennium Challenge Account; Millennium Challenge Corporation; MCA; MCC; international economics; USAID; DFA; foreign aid; foreign assistance; international development; Prud'homme; Dan Prud'homme; Dan Prudhomme (search for similar items in EconPapers)
JEL-codes: H11 O2 O21 (search for similar items in EconPapers)
Date: 2007-06, Revised 2007-06
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/28298/1/MPRA_paper_28298.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28298

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().