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Alice Patterson Albright [1] (born 1961) [2] is an American government official who has served as the CEO of the Millennium Challenge Corporation since 2022. [3] [4] Early life and education. Albright is a daughter of former United States Secretary of State Madeleine Albright.
- Madeleine Albright
Madeleine Jana Korbel Albright [1] (born Marie Jana...
- Madeleine Albright
Alice P. Albright is the Chief Executive Officer of the Millennium Challenge Corporation where she provides strategic leadership and vision to the agency helping deliver on programmatic priorities. Ms. Albright has more than 30 years of international experience in the private, non-profit and public sectors.
- History
- Leadership
- Selection Indicators
- Countries and Country Tools
- MCC Compacts and Thresholds Programs in Recipient Countries
- Eligible Countries
- Funding
- Reception and Impact
- See Also
- External Links
At the Inter-American Development Bank meeting on March 14, 2002, President George W. Bush called for a new compact for development with accountability for both rich and poor countries. He pledged to increase development assistance by 50% by fiscal year 2006 (which, by the end of 2004, doubled and was to double again by 2010). Other development pro...
The first CEO of the Millennium Challenge Corporation was Paul V. Applegarth, a finance manager with experience in emerging markets. Applegarth was followed by John Danilovich, a business executive who had served as the U.S. Ambassador to Costa Rica from 2001 to 2004 and then U.S. Ambassador to Brazil. On November 20, 2009, Daniel W. Yohannes, an E...
A country is considered eligible for a compact (aid grant) if selected as eligible by the Board of Directors. The Board of Directors chooses countries based on three factors: policy performance as measured by the selection indicators on MCC's scorecard, the opportunity to reduce poverty in a country, and the availability of funds. In order to pass ...
Compact countriesThreshold countriesMCC signs either a compact or a threshold agreement with a partner country. A compact is awarded if the country scores highly on the selection criteria indicators. If the country scores poorly but has a positive, upward trend on the selection criteria, it can still be eligible for a smaller grant, called a threshold program. MCC requires that each ...
In the first year (2004), 17 countries were made eligible for an MCC grant: Armenia, Benin, Bolivia, Cape Verde, El Salvador, Georgia, Ghana, Honduras, Lesotho, Madagascar, Mali, Mongolia, Morocco, Mozambique, Nicaragua, Senegal, Sri Lanka, and Vanuatu. Madagascar and Honduras were the first countries to receive actual funding from the MCA. On June...
Congress has consistently provided less funding for the program than the president has requested. In fiscal year 2004, $650 million were provided for the program, with an increase up to $1.5 billion the next year. For fiscal year 2007, $2 billion were provided, a 14% increase over the previous year but still under the $3 billion target. Again for f...
Studies by groups such as The Heritage Foundation in the United States have shown that many developing countries that have received foreign aid have seen their per capita income fall or stagnate over the last 40 years. The Heritage Foundation has consistently supported the MCC's approach, which has used their trade measure from the Index of Economi...
Millennium Challenge Corporation. Congressional Research ServiceMillennium Challenge Corporation in the Federal Register16. Feb. 2022 · WASHINGTON (Feb. 16, 2022) – Alice Albright was sworn in as the Millennium Challenge Corporation’s (MCC) sixth Senate confirmed Chief Executive Officer (CEO) today at the agency’s headquarters. Albright, who previously served as the CEO of the Global Partnership for Education since 2013, was welcomed to the agency by Mahmoud Bah, who ...
8. Feb. 2022 · Focus areas: Governance. Alice P. Albright, former CEO of the Global Partnership for Education (GPE) reflects on GPE’s results, growth, and political engagement during her time at GPE.
CEO, Global Partnership for Education. EDUCATION. Ms. Alice P. Albright, a U.S. national, comes to GPE with over 27 years of international experience that spans the private, non-profit, and public sectors.
