• Research Paper on:
    U.S.A.'s Millennium Challenge Account

    Number of Pages: 5

     

    Summary of the research paper:

    In five pages the MCA programs for humanitarian assistance implemented by the U.S. in March 2003 are examined. Three sources are cited in the bibliography.

    Name of Research Paper File: LM1_TLCMilln.rtf

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    Unformatted Sample Text from the Research Paper:
    According to this program, President Bush has allocated an additional annual amount of five billion dollars to be dispersed over the next three years toward the economic and living  standards improvement of developing countries, which equates to an augmentation of fifty percent of what currently exists in the nations core assistance program. The primary factor that separates the  MCA from other financial assistance given to developing countries in the past is that each recipient must first qualify under some rather stringent prerequisites that prove the money will be  put toward bettering the nations dire situation rather than merely applying it to such issues that will only further its present and unacceptable social, economic and health conditions. With  an unyielding objective toward supporting economic growth and reducing poverty, the following criteria was established as a means by which to qualify for MCA funds: 1. Good governance. Rooting  out corruption, upholding human rights, and adherence to the rule of law are essential conditions for successful development. 2. The health and education of their people. Investment in education, health  care, and immunization provide for healthy and educated citizens who become agents of development. 3. Sound economic policies that foster enterprise and entrepreneurship. More open markets, sustainable budget policies, and  strong support for individual entrepreneurshipl unleash the enterprise and creativity for lasting growth and prosperity.1 When one considers the pros and cons of such an all-or-nothing approach to  humanitarian aid, one might initially think that such outright restrictions effectively violate other countries sovereignty; however, one will quickly come to realize that these countries have been struggling for decades  just to survive. Their people are being killed of by the tens of thousands due to inadequate health options, poor food and water sources (if any), overpopulation due to 

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