Results of an attendee poll at the 22nd ICGFM Conference show limited knowledge of the existence and processes of the Millennium Challenge Corporation (MCC).
Tom Kelly of the MCC admits that the mandate and processes are complex and that no one has been able to create a simple "elevator pitch".
Dr.Kelly points out that MCC cannot give enough money away to make an impact by itself. For example, the Philippines received more direct private aid in a year than the entire MCC budget. The MCC focuses on policy improvement to achieve economic growth.
MCC uses 17 different indicators in 3 categories to evaluate policy. The indicators are generated from outside the MCC from organizations that are not funded by the MCC creating an objective model. Although inprecise, Dr. Kelly suggested that the expression in a scorecard method has received significant currency in countries. For example, scorecard results are often used by business to determine whether to invest in countries.
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