Econometrica Supports the Millennium Challenge Corporation With Technical Assistance
Econometrica recently partnered with prime contractor, International Development Group LLC (IDG), to provide economic analysis and independent evaluation services in support of the Mongolia North-South Road Project for the Millennium Challenge Corporation (MCC).
MCC is a U.S. Government corporation that provides funding for economic growth and poverty reduction in carefully selected countries. Mongolia is one of the countries MCC selected, and IDG and its partners were tasked with providing evaluation services for the Mongolia North-South Road Project.
Econometrica is assisting IDG with conducting a post-project evaluation of MCC’s Mongolia North-South Road Project. Frankie Clogston, one of Econometrica’s senior economists, joined a team of experts and visited Mongolia in January 2018 to start the evaluation process with a scoping and feasibility study.
The team started gathering information needed to estimate the economic rate of return on MCC’s Mongolia North-South Road Project investment, evaluate the current maintenance practices, determine who is traveling on the roads, and assess the transportation market structure.
The immediate goals of MCC’s Mongolia North-South Road Project are to reduce travel times and to decrease vehicle operating costs. These outcomes will help MCC reach their ultimate goal of supporting economic growth and reducing poverty in Mongolia.
Founded in 1998, Econometrica is a research and management organization in Bethesda, MD, established to provide public- and private-sector clients with customized program support services. Econometrica works with multiple agencies to provide high-quality, cost-effective analyses, modeling, and economic evaluations. The company consistently receives exceptional scores from its clients and believes in three principles: technical capabilities, happy customers and business development.
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The immediate goals of MCC’s Mongolia North-South Road Project are to reduce travel times and to decrease vehicle operating costs.
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