"A New Era for Foreign Aid? The Millennium Challenge Corporation," Matthew McLean
The Millennium Challenge Account (MCA) signified a shift in U.S. international development policy. The MCA is based on statistical evidence showing that foreign aid promotes economic growth in good policy environments, including solid fiscal, monetary and trade policies. Under the stewardship of the Millennium Challenge Corporation (MCC), the MCA has now become a major pillar of U.S. foreign assistance. While the MCA has been lauded by President Bush and many U.S. policymakers, it has also faced criticism—for example, for concentrating funding on middle-income countries and spending funds too slowly.
Does the MCA signify the beginning of a new era in foreign aid? Or is it merely another passing fad? To discuss this organization, and its unique approach to development aid, Matthew McLean, Vice President for Congressional and Public Affairs at the MCC, will be presenting.
This discussion will take place from 6:30-8:00 pm on Thursday, November 8. To attend, please register by by November 5th, if possible.



