Millennium Challenge Act

The Millenium Challenge Act of 2003 established the U.S. Millenium Challenge Corporation, as a stimulus to effective foreign assistance, judged for effectiveness in improving governance, economic freedom and human capital development. "MCC’s mission is to reduce global poverty through the promotion of sustainable economic growth."

Role in democracy promotion
MCC is often seen as one of the democracy promotion activities of the United States, based on the assumption that strengthening governance and economic institutions is a prerequisite for democracy.

Needs it does not cover
MCA became a flagship of the Center for Global Development's operations. Yet because the MCA was focused on the “good performers,” weak states were understandably left out of the conversation—and in this case, their absence underscored the dearth of strategic thinking on the challenges they posed.