The Millennium Challenge Corporation was founded with a focused mandate to reduce poverty through economic growth. MCC’s model is based on a set of core principles essential for development to take place and for development assistance to be effective—good governance, country ownership, focus on results, and transparency.
The MCC Principles into Practice series offers a frank look at what it takes to make these principles operational. The experiences captured in this series will inform MCC’s ongoing efforts to refine and strengthen its own model. In implementation of the U.S. Global Development Policy, which emphasizes
many of the principles at the core of MCC’s model, MCC hopes this series will allow others to benefit from and build on MCC’s lessons.
The series also offers insights into MCC’s experience with the technical and operational approaches it uses to support poverty reduction through economic growth. Consistent with MCC’s focus on results, MCC is committed to learning from experience and applying lessons learned to its programs. Consistent with MCC’s commitment to transparency, and in the spirit of ongoing collaboration with other development practitioners, MCC will share this learning publicly, even when it reflects challenges that MCC and partner countries have faced. The full Principles into Practice series is available at www.mcc.gov/principlesintopractice.