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Initial Reactions to the Announcement on the MCA

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Abstract:

In this analysis, Steve Radelet reviews the Millennium Challenge Account’s (MCA) foundational tenets of country selection, ownership and organization. He also identifies some concerns, particularly the proposal to include lower-middle income countries at a later date; the statistical difficulties with requiring countries to pass a survey-based corruption indicator; and the potential coordination problems that may arise with two separate U.S. foreign assistance agencies.