Cabo Verde and the MCA foreign aid programme

Bibliographic Data

ID4252906
AuthorsJoão Resende-Santos, João Resende‐Santos (0000-0002-5854-6511, Bentley University, corresponding author)
Year2020
Volume58
Issue1
Pages91-114
Publication date2020-03-01
Open AccessYes
TypeARTICLE
VenueThe Journal of Modern African Studies (JOURNAL)
Journal identifiersISSN: 0022-278X • E-ISSN: 1469-7777
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022278x19000582
OpenAlexW3007361977
LanguageEN
Citations received2
References cited21

In 2005, Cabo Verde became the second African country to receive the new foreign aid programme of the USA, the Millennium Challenge Account (MCA). It was among the few recipients of a second grant. Foreign aid has always been a controversial and hotly contested issue, and the MCA is no exception. This paper, based partly on personal experience with the programme, provides a critical examination of the nature, process and implementation of the MCA grants in Cabo Verde. The country had campaigned aggressively for the grants. The MCA not only financed important public investments, it was debt-free and without conditionalities. However, even while it allowed more leeway over its use and implementation compared with other aid programmes, it engendered its own challenges

Business · Cape verde · Debt · Economic growth · Economics · Ethnology · Political science · Sociology · Finance · Human Rights and Development · International Development and Aid · Poverty, Education, and Child Welfare

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