The Washington Times Online Edition
Select a category: 

Bush’s Millennium Challenge is still changing the developing world

Mugshot

President Barack Obama listens as former President George W. Bush speaks during the dedication of the George W. Bush Presidential Center, Thursday, April 25, 2013, in Dallas. (AP Photo/Tony Gutierrez, Pool)

This year, he released a report for the Institute for the Theory and Practice of International Relations at the College of William & Mary that found countries strive to meet goals for protecting property rights and decreasing corruption — though it hasn’t been as successful in pushing democratic reforms.

“The thing that’s very striking about the MCC effect is the United States government is effectively incentivizing governments in the developing world to adopt policy reforms without ever spending a single taxpayer dollar,” Mr. Parks said.

He said the Millennium Challenge Corp. doesn’t fund flashy programs such as child immunizations or aiding refugees, but it is “funding the hardware of economic development, which is one of the key ways that developed countries got developed.”

About the Author

Stephen Dinan

Stephen Dinan can be reached at sdinan@washingtontimes.com.

Comments
blog comments powered by Disqus
All site contents © Copyright 2014 The Washington Times, LLC
Jobs | About | Customer Service | Terms | Privacy