About E3/Economic Growth

Broad-based economic growth is essential to development and the most effective means to reduce poverty. Economic growth creates the income and opportunity impoverished households need to raise their living standards, provides resources to expand access to basic services, and creates hope for the future.  Economic growth and development promote U.S. interests.  Developing countries represent the fastest growing markets for U.S. products.  USAID programs focused on developing economies create new and better markets for the United States by reducing trade barriers and building a middle class that can buy U.S. goods. Stable economies are less vulnerable to crises, terrorist activities and international crime.

WHAT WE DO: USAID economic growth assistance focuses on fostering large-scale systemic changes, helping partner countries and organizations to build their own capacity to tackle development problems.