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The Millennium Challenge Account: An Opportunity to Advance Development in Poor Nations

The MCAs must not be weighed down with earmarks, prohibitions, andpriorities that don't contribute to development efforts. Instead, the agency chosen to oversee the MCA funds should have thediscretion to target a small number of countries with proven trackrecords in embracing policies that lead to economic growth.
South Korea Burkina Faso Hong Kong United States Richard Roll Craig Burnside

Multilateral Economic Development Efforts in Sub-Saharan Africa

Despite development assistance (often at extremely subsidized interest rates and generous repayment schedules), sub-Saharan Africa has performed dismally on various economic indicators.Developing countries must make their own internal reforms byimplementing policies that promote economic freedom, which, inturn, are known to be associated with higher levels of economicgrowth.
New York United States Hong Kong White House District Of Columbia The World Bank

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An Agenda for the President's Visit to Latin America: Security, Democracy, and Trade

By his visit to Mexico and first official trip to Central and SouthAmerica, President Bush can show that Latin America is once again aU.S. priority. He will have the opportunity to cement cooperationon common goals: bolstering hemispheric security, free trade, anddemocracy.
Nuevo Leóx United States El Salvador San Salvador Alberto Fujimori Region De La Libertad

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