Home The 'Smart Power' Approach
A 'Smart Power' Approach to Foreign Aid

ObamaIn the ongoing fight against global poverty, the U.S. government's Millennium Challenge Corporation stands steadfast in its goal to reduce poverty through sustainable economic growth. MCC delivers “smart aid” to developing nations who take responsibility for their development needs through country ownership, are held accountable for the assistance they receive and are dedicated to achieving results that will help lift their people out of poverty.

As an important tool of U.S. government foreign aid assistance, MCC serves as a key instrument of “smart aid” by changing the expectations about assistance, builds capacity within partner countries, and paves the way for increased private sector engagement.

The Millennium Challenge Corporation remains committed to as­sisting countries in their efforts to achieve the Millennium Development Goals and improve the lives of their people.

“To the people of poor nations, we pledge to work alongside you to make your farms flourish and let clean waters flow; to nourish starved bodies and feed hungry minds.”
—President Barack H. Obama, Inaugural Address, January 20, 2009

Achieving President Obama’s Pledge

“President-Elect Obama supports the MCC, and the principle of greater accountability in our foreign assistance programs. It represents a worthy new approach to poverty reduction and combating corruption…The Obama Administration looks forward to working to build on the promise of the MCC as we move forward with modernizing U.S. foreign assistance programs.”
—Secretary of State Hillary Clinton, Senate Confirmation Hearing, January 13, 2009

Advancing Secretary Clinton’s Vision

Fight Global Poverty: Obama and Biden will embrace the Millennium Development Goal of cutting extreme poverty and hunger around the world in half by 2015…This will help the world's weakest states build healthy and educated communities, reduce poverty, develop markets, and generate wealth.”
—From the “Obama Administration Agenda on Foreign Policy,” whitehouse.gov

Meeting the Administration’s Goals

Last Updated ( Monday, 09 March 2009 03:54 )
 
Copyright © 2010 Millennium Challenge Account Malawi (MCA-M). All Rights Reserved.
.
 
quote3.png