The Millennium Challenge Corporation (MCC) – A New Approach in Donor Aid - International Reports
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The Millennium Challenge Corporation (MCC) – A New Approach in Donor Aid
by
Gerald Hyman
Early in 2004, the US Congress passed a law designed to boost a new approach in donor aid. Its implementation was entrusted to the semi-governmental Millennium Challenge Corporation (MCC). It pays to take a look at the principles, intentions, and methodology of the new approach as well as at its process of implementation and the objections that have been raised so far.