Securing the Future
A Strategy for Economic Growth
Pre-Publication - April 2008 Pre-Publication Print Version (PDF 452k file)
USAID’s Economic Growth Strategy presents the Agency’s approach to supporting economic growth as the most effective way to reduce poverty in the developing world. Economic growth also helps countries generate the resources they need to address other development challenges such as poor health and illiteracy.
The Strategy, with its overarching goal of helping partner countries to achieve rapid, sustained, broad-based growth, identifies factors that “drive” economic growth, such as strengthened property rights and reduced barriers to trade, as well as those that “enable” growth such as availability of financing and an educated and healthy workforce. The strategy supports activities that both drive and enable growth through initiatives to:
- Enhance access to productive opportunities for the poor, women, and other disadvantaged groups, to help ensure they benefit from growth
- Strengthen the international framework of policies, institutions, and public goods that supports growth prospects and opportunities for poor countries.
- Seek systemic and catalytic impact in light of political opportunities and constraints, reinforcing USAID objectives to promote democracy and governance.
Table of Contents
Executive Summary
Economic Growth Strategy in Context
Economic Growth Transforms Societies
1. Key to Economic Growth is Rising Productivity
2. Growth in Developing Countries is in U.S. Interest
3. Much Has Been Accomplished »
4. Much Has Been Learned
5. The International Environment for Growth in Developing Countries Has Never Been Better
6. USAID's Strengths Determine Its Role
7. USAID Will Promote Rapid, Sustained and Broad-Based Growth
8. Three Principles Will Guide Economic Growth Programs
9. Economic Growth in the Framework for U.S. Foreign Assistance
10. Resources and Resource Allocation
11. In Conclusion
References
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