• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News
    • U.S. foreign aid

    The next evolution of the MCC compact

    The Millennium Challenge Corp. enjoys broad bipartisan support and a reputation for transparent, evidence-driven implementation — but is the agency's single-country model holding it back? That model might be changing soon.

    By Michael Igoe // 21 January 2015

    After 10 years of country compacts, the Millennium Challenge Corp. is going regional, assuming the U.S. Congress signs off on the idea.

    MCC’s development investment model works, according to the U.S. agency’s supporters, but it may be time to take the once-experimental idea beyond the single-country level. When the former President George W. Bush administration created MCC just over 10 years ago, it was supposed to gather all the lessons learned from a half-century of development implementation and distill them into a new “country-owned” and incentive-based partnership model for delivering foreign assistance.

    The agency enjoys broad support, but that support hasn’t translated into the significant budget increases some expected would follow the successful demonstration of the MCC model. The agency’s budget has remained relatively flat, at around $1 billion a year.

    This article is free to read - just register or sign in

    Access news, newsletters, events and more.

    Join usSign in
    • Trade & Policy
    • Institutional Development
    • Washington, DC, District of Columbia, United States
    • United States
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Michael Igoe

      Michael Igoe@AlterIgoe

      Michael Igoe is a Senior Reporter with Devex, based in Washington, D.C. He covers U.S. foreign aid, global health, climate change, and development finance. Prior to joining Devex, Michael researched water management and climate change adaptation in post-Soviet Central Asia, where he also wrote for EurasiaNet. Michael earned his bachelor's degree from Bowdoin College, where he majored in Russian, and his master’s degree from the University of Montana, where he studied international conservation and development.

    Search for articles

    Related Stories

    The future of US aidMCC shutdown would risk global trust, cede ground to China, experts warn

    MCC shutdown would risk global trust, cede ground to China, experts warn

    Funding insightsMCC in numbers: The grants, countries, and programs at stake

    MCC in numbers: The grants, countries, and programs at stake

    Devex Money MattersMoney Matters: What’s MCC going to fund this year?

    Money Matters: What’s MCC going to fund this year?

    The Future of US AidHow is this ‘reimagined’ proposal for USAID hitting the sector?

    How is this ‘reimagined’ proposal for USAID hitting the sector?

    Most Read

    • 1
      How low-emissions livestock are transforming dairy farming in Africa
    • 2
      Opinion: Mobile credit, savings, and insurance can drive financial health
    • 3
      Opinion: India’s bold leadership in turning the tide for TB
    • 4
      USAID's humanitarian bureau is under pressure and overstretched
    • 5
      WHO names new directors in ongoing restructure
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement