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Graduate Theses and Dissertations

Development

Economics

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Essays In Development Economics And Economics Of The Family, Aaron Johnson Dec 2012

Essays In Development Economics And Economics Of The Family, Aaron Johnson

Graduate Theses and Dissertations

Chapter 1 explores a potential solution to the continuing disequlibrium in microfinance markets. I design a mechanism to aid in securitization of microloans, using a dynamic investment pool governed by a Central Microcredit Clearinghouse (CMC), that would sell investment units back to MFIs and outside investors simultaneously. The CMC would serve as a catalyst to this other avenue of microcredit financing, securitization of microloans, which could help spawn the type of growth in investor-based funding of MFIs that is so urgently needed. Chapter 2 analyzes Official Development Assistance (ODA) commitment and disbursement activity in terms of motivation, considering that the …


The Effect Of Weighting Development Indicators On Countries Eligibility For International Development Funding: The Case Of The Millennium Challenge Corporation (Mcc), Idrissa Noma May 2012

The Effect Of Weighting Development Indicators On Countries Eligibility For International Development Funding: The Case Of The Millennium Challenge Corporation (Mcc), Idrissa Noma

Graduate Theses and Dissertations

The Millennium Challenge Corporation (MCC) is a U.S. government agency whose purpose is to promote economic growth and reduce poverty in low and low middle-income countries. It uses indicators to endorse countries eligibilities for international development funding. These indicators are related to economic growth and are developed by independent third parties (e.g., United Nations, World Bank), to evaluate a country's policy performance in three specific areas: (1) Ruling Justly, (2) Investing in People, and (3) Encouraging Economic Freedom (MCC, 2011). The MCC weighs indicators equally regardless of their myopic in-country relevancy to economic development. The goal of this study is …