'MCC Effect': Creating Incentives for Policy Reform; Promoting an Environment for Poverty Reduction. Revised November 2008

摘要

The MCC Effect is the positive impact that MCC is having on developing countries beyond its direct investments. To date, the most significant impact has been the incentive created for countries to adopt legal, policy, regulatory, and institutional reforms related to the MCC eligibility criteria. Eligibility for MCC funding can lead to international recognition and increased private sector investment, which has encouraged many countries to implement significant political, social, and economic reforms with tangible results on the ground. In areas as diverse as womens rights, anti-corruption and governance, and business registration, countries are taking it upon themselves to re-evaluate their laws, policies, regulations, and ways of doing business. MCCs dramatic effect on data quality and availability is also an important manifestation of the MCC Effect that has strengthened the development communitys ability to measure for results. Additionally, the MCC Effect can be seen in the development and implementation of threshold and compact programs. Participation in these programs has in many cases strengthened country ownership, monitoring and evaluation systems, and donor coordination. Countries are using the experiences gained through MCC programs and applying these lessons to other national programs and processes. In this regard, MCC is helping build the capacity of countries to fight poverty, even outside of its programs.