Despite the importance of the agriculture sector in Ethiopia, access to credit is limited. USAID uses its Development Credit Authority to share risk with local banks, thus opening financing for underserved but credit-worthy borrowers.
Tag archives for Economic Growth
Cash can stifle economic development. That might seem counterintuitive. Aid is critical to ameliorating the plight of poor people living on far less a day than we spend on a latte. But physical cash can undercut many development objectives the U.S. government works to achieve. From improving aid effectiveness to shining a light on corruption […]
Last week at the High Level Forum on Aid Effectiveness in Busan, South Korea, I participated in one of the more interesting events of the conference: the session on “Domestic Resource Mobilization: Taxation and Development.” If you think that sounds like watching paint dry, you couldn’t be more wrong. That is because it is the […]
Just weeks into my new assignment in Timor-Leste, I was thrilled to be traveling with a group of colleagues to the country’s remote exclave of Oecusse. Located geographically within the borders of Indonesia, the district is separated from the rest of Timor-Leste not only spatially, but culturally and linguistically as well.
Eric Postel is the Assistant Administrator of the Bureau for Economic Growth, Agriculture and Trade. This week, donors and partner governments from around the world are gathering at the World Trade Organization in Geneva for the Third Global Review of Aid for Trade. This session is devoted to examining an important adjunct to trade liberalization, […]
In Jamaica, the U.S. government is partnering with the Jamaica Constabulary Force to host the region’s First Law Enforcement Anti-Corruption Conference. The two-day conference will feature leading anti-corruption champions and will bring together high level law enforcement personnel, including Commissioners of Police and Customs, to conduct a situational analysis of corruption in the individual Caribbean […]
I recently returned from a 10-day trip to the Philippines where I had the opportunity to visit a number of USAID-assisted projects in Mindanao. The second largest island in the Philippines, Mindanao is graced with stunning natural beauty—towering mountains and verdant plateaus—but is also the location of a protracted conflict that has held back the […]
One of the hallmarks of the U.S. Government’s fresh approach to development in Haiti is making better use of innovative private sector ideas to solve tough development challenges. So when one third of Haiti’s bank branches were destroyed in the earthquake a year ago, we looked for ways to overcome one of the primary obstacles […]