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      • View all Impact Stories
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      • Chemonics International Earns “Best Places to Work for LGBTQ Equality” Designation
      • View all News Stories
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      • What Does a Systems Approach to Conflict Prevention Look Like?
      • From the Highlands to the Deltas: Why We Need Integrated Water Security Programming
      • View all Blog Posts

Economic Growth and Trade.

  • Technical Areas
  • Economic Growth and Trade
Enhancing competitiveness and trade, strengthening public financial management, and improving enabling environments
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Chemonics’ global network of specialists understands that development problems are complex and interrelated. So we rely on a combination of broad regional experience, technical depth, and unparalleled management skills to strengthen economic growth and trade around the world. From decades of experience, we know that financial services are key for broad-based economic growth and we work with financial institutions to increase their availability. To help countries sustainably address their own development needs and provide efficient and effective public services, we work with governments to build accountable public financial management systems. To ensure policies align closely with economic objectives, we facilitate strategic regulatory reform and encourage trade integration. We promote entrepreneurship and strengthen the underlying market infrastructure to create, grow, and sustain businesses that stimulate economic growth.

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Services in Economic Growth and Trade

  • 01

    Business Enabling Environment
  • 02

    Trade and Regulatory Reform
  • 03

    Public Financial Management
  • 04

    Financial Services
  • 05

    Entrepreneurship and Enterprise Development

01 Business Enabling Environment


By reducing barriers to competition, strengthening legal frameworks, and promoting transparent business practices, Chemonics cultivates business climates that enable economic growth. Our approach focuses on reducing risk, lowering the costs of doing business, and creating a confidence-inspiring investment climate. Partnering with host-country governments, we streamline business procedures, encourage operational transparency, increase competition, and develop efficient…

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02 Trade and Regulatory Reform


To help countries realize the economic benefits of increased trade, Chemonics facilitates trade capacity building and regulatory reform, and promotes trade integration through regional and bilateral trade agreements. Our programs strengthen governments’ institutional capacity to coordinate trade and tariff policies, build the capacity of governmental staff to negotiate and implement trade agreements, and support reform for border…

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03 Public Financial Management


To help countries better address their development needs and provide efficient and effective public services to their citizens, Chemonics works with governments to build and maintain sound, effective, transparent, and accountable public financial management systems. We increase institutional and human capacity to forecast, manage, and increase domestic resource mobilization, and simultaneously build capacity to plan and…

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04 Financial Services


Recognizing that financial services are a key contributor to broad-based economic growth, Chemonics works with financial institutions to increase the availability and affordability of financial services for MSMEs, and underserved populations. We help financial institutions develop and improve micro-lending products, leasing, purchase order financing, mobile money, insurance, and savings products, and help them expand small…

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05 Entrepreneurship and Enterprise Development


Through market systems strengthening, micro-, small- and medium-sized enterprise (MSME) development, and entrepreneurship promotion, Chemonics helps to create, grow, and sustain businesses that stimulate economic growth. Using a facilitation approach, we work with local businesses and services providers to improve market linkages, foster innovation and product development, and increase access to new or improved technologies.…

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01 05

Empowering Youth to Drive Economic Reform in Tunisia

The Tunisia JOBS project works with university students to demystify the economic reform process and introduce how they can advocate for positive change that will create more job opportunities and improved competition.

Improving Competitiveness of Furniture Manufacturers in Ukraine

A grant from the Competitive Economy Program allowed Ukrainian furniture manufacturer in Bila Tserkva — who was forced to relocate due to the ongoing conflict — to increase independence and improve cost efficiency.

Launching E-Government Solutions to Streamline Tunisian Tax Processes

Tunisia FIRST rolls out a platform that simplifies processes, creates a new accountability structure for taxpayers, and collects taxpayer data that is now streamlined and shared across government agencies.

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Succeeding as a Tunisian Female Government Leader

The USAID Fiscal Reform for a Strong Tunisia (FIRST) Project provides technical support and capacity building to the Tunisian Ministry of Finance to strengthen Tunisia’s fiscal foundations for sustainable and inclusive growth.

Vila Roz: Supporting Rural Tourism in Moldova

A grant from the Moldova Competitiveness Project allowed a retired seamstress to supplement her pension by opening a guesthouse. Projects like these increase local employment and boost rural tourism in Moldova.

Perfect Fit

The ingredients were all there: a skilled workforce, a creative entrepreneur, and a USAID project providing technical advice. In Moldova, it was the precise recipe for success.

Mobile Money for Bill Payments

The Financial Access for Investing in the Development of Afghanistan project’s national media campaign promotes the use of mobile money services as a safe, reliable, and convenient way to manage money and pay bills.

Mobile Money for Salary Payments

The Financial Access for Investing in the Development of Afghanistan project worked with various stakeholders to launch a campaign promoting mobile money services to better manage money and reduce corruption.

Digital Payments in the Philippines

Shifting from cash-based to digital payments can promote economic growth in the Philippines by decreasing costs for vendors and extending customer bases.

01 09
  • Specialists
  • Resources

David Anderson

Chief of Party, USAID Cities Implementing Transparent, Innovative and Effective Solutions Project

Joseph R. (Jem) Armovit

Deputy Chief of Party, Philippines - USAID Delivering Effective Governance for Competitiveness and Inclusive Growth (DELIVER) Project

Andrew Baker

Andrew Baker

Chief of Party, Punjab Enabling Environment Activity

Luis Chavez

Project Management Director, Latin America and the Caribbean Regional Business Unit

Dhanika De Silva

Dhanika De Silva

Manager, Energy Team

David Dyer

David Dyer

Chief of Party, Kyrgyzstan AGRO Trade Activity

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Our Work in Economic Growth and Trade
Accessing Private Domestic Financing to Improve the Delivery of Urban Services
Executive Memorandum: Armenia Financial Sector Assessment
FS Series #12: Developing Government Bond Markets – Primer, Diagnostic
FS Series #11: Innovations in Financial Services Delivery – Branchless Banking
Developing Azerbaijan’s Capital Market: An Assessment
Guidelines for a Rapid Financial Soundness Assessment
Conducting Capital Markets Assessments in Developing Countries
Strengthening the Agricultural Lending in the Democratic Republic of Congo
  • Projects
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  • News and Blog
hands holding red and yellow coffee beans

Matchmaking Businesses and Investors in DRC

Driving inclusive growth in eastern DRC will require private investment in the region’s promising businesses.

Building Climate Finance Capacity in Nepal

Strengthening Nepali local governments’ ability to manage green funds can spur investment in and accelerate climate action.

Developing Sustainable Tourism in Bosnia and Herzegovina

A comprehensive approach to tourism can improve Bosnia and Herzegovina’s economy and foster social harmony.

Transforming Jordan’s Recycling Industry

Waste recycling services in Jordan constitute a viable commercial opportunity for Jordan’s private and public sectors to increase the competitiveness of recycling and invigorate the circular economy.

Sowing Stronger Markets in Kyrgyzstan

With stronger markets in place, Kyrgyzstan’s agricultural-led economy can flourish.

Generating Jobs and Growth in Tunisia

Economic and political stability in Tunisia hinges on sustainable employment opportunities.

Bananas

A Fruitful Future for Bangladesh

Healthy market systems in Bangladesh can help agribusinesses flourish while sowing the seeds for food security.

Growing Agribusiness in Uzbekistan

Uzbekistan’s agribusinesses depend on stronger market systems.

Preventing Conflict at its Roots in Lebanon

Tensions in Lebanon are mounting over resources and livelihoods. Service delivery and financial resources can prevent escalation.

Spurring Inclusive Growth in the Philippines

Government efficiencies and private sector reform are key for maximizing inclusive growth in the Philippines.

Vietnam map

Transforming Economic Governance in Vietnam

Local institutions in Vietnam must be equipped with the resources needed to maximize growth.

Protecting Food Value Chains Across Africa

Aflasafe is a solution that reduces poisonous Aflatoxin levels in staple crops. Its commercialization improves food security and promotes resilience.

Toward a More Competitive Economy in Ukraine

Through a broad-based economy and the ability to compete in international markets, Ukraine is on a path to increased economic power and political independence.

cheese

Closing Economic and Community Divides in Pankisi

Connecting the people of Georgia’s Pankisi Valley to one another and to neighboring regions will build social cohesion, create economic opportunity, and make the region more resistant to tension.

Supporting the Peruvian Government to Promote Alternatives to Coca

Peru is making significant strides in reducing coca production in rural communities. Yet, solidifying these gains and helping increase effective state presence and viable economic opportunities is still a major challenge.

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farmer smiling with lettuce

Playing Matchmaker for Farmers and Buyers in Georgia

Georgian farmers struggled to sell crops to large-scale buyers. But a new matchmaking app connects farmers to buyers in the hospitality industry for bountiful results.

Relief Is Just an App Away in the Philippines

How does a country with a cash-based economy quickly provide subsidies during the COVID-19 pandemic and economic slowdown? In the Philippines, the government and the USAID E-PESO activity have collaborated with the private sector to create an app that provides fast financial relief to millions of people.

Beekeeping: A Sweet Solution for Rural Colombia

In rural Colombia, some communities are leaving unregulated gold mining for beekeeping and honey production to improve their health, livelihoods, and local ecosystems.

Man and woman with large check

Unlocking Innovation in Pakistan’s Private Sector

In Pakistan, promising small and medium-sized enterprises are turning their innovative ideas into reality — and improving livelihoods — with a boost from a special grant fund.

dairy cows in field in Ukraine

A Dairy Revival in Ukraine

With enhanced access to laboratory, veterinary, and education services, Ukraine’s smallholder dairy farmers are elevating the quality of their products and tapping new markets.

Causing a Stir in Georgia

What if traditional family recipes could help catalyze broad-based economic growth and resilience?

A One-Stop Success for Afghanistan

A new streamlined concept for customs processing — the one-stop shop — has transformed the way that Afghan traders can export their goods to neighboring countries and generate income.

Train a Woman, Train a Nation

A new approach to training farmers is creating jobs and increasing harvests in Uganda.

Recent reforms have helped Kosovo make it easier for entrepreneurs to register and grow businesses.

A Roadmap to Reform

In Kosovo and Vietnam, the World Bank’s Doing Business Report is providing a framework that helps governments reshape the private sector’s role in advocating for and promoting economic growth.

Creating Shared Value: An Interview with Gran Colombia Gold

Through USAID’s BioREDD+ project, Chemonics partnered with mining company Gran Colombia Gold to reduce illegal mining and improve the livelihoods of small miners in Colombia.

Growing Together in Colombia

Rural communities in Colombia have developed savings and loans plans that are funding and fueling small business growth.

A New Trade Horizon for Afghanistan

Afghanistan’s accession to the World Trade Organization is the culmination of more than a decade of legislative and business reforms to better position the country on the global trade stage.

The Journey to Inclusive Finance in Afghanistan

With geographically far-reaching activities targeting rural citizens and women, the FAIDA program drastically improved Afghanistan’s financial landscape.

Banking on Tourism in Jordan

With Sharia-compliant financing, small- and medium-sized tourism enterprises in Jordan can more easily access bank loans that are critical to economic growth.

Technology to Empower Women in Afghanistan

In Afghanistan, mobile banking technology is increasing women’s access to financial services, helping them conduct secure business transactions and grow their businesses.

View All Impact Stories

3 Questions with Dany Khy on Chemonics’ New Center for Private Sector Engagement

1. Why is Chemonics creating the Center for Private Sector Engagement? Why now and what are its goals? Although the Center for Private Sector Engagement is new, Chemonics has worked with the private sector for over 40 years from empowering entrepreneurs and spurring the growth of local businesses to partnering with multinationals to deliver critical…

Building Back Better Through Trade

This post originally appeared on British Expertise International’s blog. Governments are looking to trade to breathe life back into their beleaguered economies. Allowing goods to move safely and efficiently across borders into businesses and consumers hands is vital to restoring faith in markets and stemming rising unemployment. But restoring trade to previous levels is not…

News: USAID Awards “Digis” to Two Projects Implemented by Chemonics

The USAID Awards for Digital Development (“the Digis”) recognize projects and activities that apply digital technologies and data-driven approaches to meet development objectives. In 2020, projects implemented by Chemonics earned two of the five Digis USAID awarded from a pool of 140 applications. Among this year’s winners, the Pakistan Small and Medium Enterprise Activity (SMEA)…

A man approaches a store owner and his acquaintance at a small store in Afghanistan

Lasting Peace in Afghanistan Powered by Broad-based Economic Growth

This post originally appeared on Devex. As negotiations between the government of Afghanistan and the Taliban raise hopes for peace, it remains as important to stay focused on what comes next. It is time to start thinking about, and working toward, prosperity and the conditions that will ensure the entire country can realize the dividends from…

Attendees of the 2019 UNLEASH Global Innovation Lab cheer during a general session.

3 Lessons for Empowering Youth to Drive Sustainable Change Through Innovation

Join UNLEASH and Chemonics during the closing event of the upcoming Global Youth Economic Opportunities Summit on October 29 at 10:15 a.m. EDT to observe our innovation skills-building session with youth attendees and listen to testimonials about how targeted investment in youth has led to sustainable development outcomes. Currently, half of the world’s population is…

Hands holding a printout of a line graph

Three Questions on Financing Self-Reliance with Mario Kerby

In May, Chemonics, the Urban Institute, and USAID co-hosted a panel discussion and interactive breakout sessions to explore approaches for fostering commitment to more transparent, sustainable financial governance. This summit highlighted experiences and lessons from three USAID projects — including the Chemonics-implemented Fiscal Reform for a Strong Tunisia (FIRST) project — that have successfully built…

Lead with Data: A Practical Tool to Design and Implement Market Systems Programming

This blog post originally appeared on the Market Systems Development Hub. Focusing Project Design on MSD ​The facilitative, systems approach required for market systems development (MSD) is not always intuitive to project staff. Those accustomed to working on traditional development programming have focused on training for beneficiaries, and those coming from the private sector have…

Building a Financial Services Market Where There Wasn’t One

Emerging economies such as Colombia, Philippines, and South Africa offer sophisticated financial sectors that historically failed to reach marginalized groups. In Colombia specifically, this left rural areas largely unbanked and excluded from the broader economy, after decades of war. In four years, USAID/Colombia’s Rural Finance Initiative (RFI) — implemented by Chemonics — has linked more…

Three Models that Ensure Private Sector Engagement

This post originally appeared on Devex. Donor agencies, such as the United States Agency for International Development and the United Kingdom’s Department for International Development, have made private sector engagement, or PSE, a key element of their development strategies. Being more intentional about including the private sector in development is good news. Over the years,…

2020 Vision: Three Development Trends of the New Decade

Despite a global commitment, the U.N. estimates that countries and donors need $2.5 trillion in additional finance each year to achieve the Sustainable Development Goals (SDGs) by 2030. According to the Organisation for Economic Co-operation and Development, official development assistance in 2018 was $153 billion. The number speaks for itself: the development community simply cannot…

Best of the Blog 2019

Check out our countdown of the 10 most popular blog posts from 2019! 10. To Respond to the Venezuelan Migration Crisis, Let’s Also Tap the Private Sector By Ariana Szepesi-Colmenares As Venezuelan migrants navigate challenges in host countries, the private sector must play an active role in maximizing their economic opportunities. 9. Development Works Here…

Building Bridges Between Financial Institutions and Rural Communities in Post-Conflict Regions

This article originally appeared on the SEEP Network’s blog. In a large city, it probably would take you less than five minutes to find an ATM. In a small town, however, finding an ATM can be much more challenging. Imagine that you live in a small town torn by decades of armed conflict, and like…

News: Building Resilience Through Market Systems: Chemonics Presents at SEEP 2019

How can we forge better partnerships to drive agricultural productivity, incomes, and nutrition? How can we use data to empower people and foster resilience? What are the best ways to engage the private sector to make financial services inclusive? Chemonics will discuss these questions and more at the 2019 Small Enterprise Education and Promotion (SEEP)…

3 Questions with Roula Moussa on Private Sector Engagement in Lebanon

Roula Moussa is the CEO and founder of Netways. In 2017, she created DiasporaID, a digital platform that connects and promotes collaboration among Lebanese diaspora communities worldwide. As a partner under the USAID Asia and Middle East Economic Growth Best Practices (AMEG) program, Roula shares her experience pitching and scaling DiasporaID to USAID and recommends…

Maximizing the Power of Climate Data by Building Trust

This post originally appeared on the SEEP blog. As the frequency and magnitude of climate-related hazards increases, these changes are affecting people’s livelihoods — particularly those of rural and vulnerable populations — more than ever. In response to this challenge, climate data can be employed in program design to foster greater resilience for livelihoods at…

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