Millennium Challenge Monthly
The Newsletter of the Millennium Challenge Corporation Vol. 2, Issue 10 - October 2006

Country Selection Continues
The 2007 country scorecards were published in mid-October.

New Public Web Site Launched
MCC launched its new public web site Fri., Oct. 27, 2006.

The new site includes:

  • A new design optimized to load and display pages quickly with the information organized so the eye can scan and quickly grasp information;
  • New navigation based on interviews and tests with users;
  • A search engine; and
  • Printer friendly pages.

Term of the Month: Scorecard
The country scorecards combines an individual country's scores for each of the 16 policy indicators MCC uses to determine eligibility for its assistance programs. By using information collected from independent, third-party sources, MCC allows for an objective, comparison of all candidate countries.

Read more about country scorecards.

Ask the Expert: Jonathan Bloom
Ask Jonathan Bloom, Managing Director of Africa, a question about our programs in Africa.  Should your question be chosen, it will appear with an answer in next month’s Millennium Challenge Monthly.  Ask Jonathan a question.


Jonathan Bloom
Managing Director, Africa
Jonathan Bloom, Managing Director for Africa at the Millennium Challenge Corporation (MCC), is responsible for overseeing MCC's efforts in Francophone Africa, managing MCC's relationship with eligible countries in the region and leading the compact development and implementation process for MCC. Previously, Mr. Bloom was Managing Director for Agriculture, Finance and Private Sector Development for the Department of Operations, responsible for program components investing in agricultural production, processing, and marketing, rural development, property rights and land policy, financial systems and institutions, and private sector development.. From December 2004 to November 2005, Mr. Bloom also served as MCC's Vice President for Administration and Finance and Senior Advisor to the Chief Executive Officer.

Prior to MCC, Mr. Bloom worked for several years as a consultant to international development banks and corporations ranging from Fortune 50 multinationals to private family businesses, as well as teaching international development management at the New School University's Graduate Program in International Affairs. He was previously Director, Strategic Initiatives for International Paper working on global investments and strategic initiatives in North and South America, Europe, Asia and Australasia, which he joined after growing a family paper business to revenues of $100 million and selling it to IP. Prior to that, Mr. Bloom worked at the World Bank Group, including the International Finance Corporation, on capital markets, financial institutions and agro-industrial development. He also has experience as a software product developer with IBM and a 6th grade teacher.

Mr. Bloom received an A.B. from Princeton — Woodrow Wilson School , and an M.B.A. (Highest Distinction) from the Harvard Business School. He speaks Spanish and French.

Notable Quotable
"In recent years, we have seen increased attention to the ratings process for Freedom in the World, particularly as a result of the U.S. government's decision to use the publication's ratings as part of the allocation process for the Millennium Challenge Account.  We hope that the release of this data will spark greater discussion within countries about the areas that need further reform and facilitate better understanding about our ratings process.”


Jennifer Windsor, Executive Director of Freedom House
October 2, 2006

On www.mcc.gov
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MCC In the News
Mali: Millennium Challenge Corporation Approves $461 Million for Mali
All Africa

Oskanian Demands Free Elections
Armenia Liberty

US signs pact to boost democratic reforms in Jordan
Middle East Times

Iraq, Afghanistan Fail in U.S.-Compiled Democracy Rankings
Bloomberg

Dominican Republic’s low scores on corruption bar access to big U.S. bucks
Dominican Today

Recent Events
MCC Board Approves $461 Million Development Agreement with Mali; Irrigation, Industrial Park, Airport Improvements Key to Jobs, Poverty Reduction
10-26-2006

MCC Board of Directors Approves $24.7 Million Agreement with Moldova for Support of Anti-Corruption Initiatives
10-25-2006

MCC Board of Directors Approves $55 Million Grant for Indonesia to Improve Childhood Immunization, Curb Corruption
10-25-2006

United States and Jordan Sign a $25 Million Millennium Challenge Corporation Grant to Support the Country’s Economic and Political Reforms
10-17-2006

Millennium Challenge Corporation Releases 2007 Country Data Measuring Performance on 16 Benchmark Indicators; MCA Eligibility Creating Incentives for Policy Reform in Countries
10-16-2006

 
Reducing Poverty Through Growth

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