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Essay / Research Paper Abstract
5 pages in length. Of the most current United States humanitarian aid programs to have been implemented – and perhaps the most aggressive, as well – is the Millennium Challenge Account (MCA), brought into official existence in March of 2002. 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 nation's 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 nation's dire situation rather than merely applying it to such issues that will only further its present and unacceptable social, economic and health conditions. Bibliography lists 3 sources.
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5 pages (~225 words per page)
File: LM1_TLCMilln.rtf
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Unformatted sample text from the term 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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