Economic development (1 - 10 of 70 items)
African Growth and Opportunity Act: Insights from Other Countries' Preference Programs and Participation in Trade Negotiations
GAO-15-701: Published: Aug 5, 2015. Publicly Released: Aug 5, 2015.
The United States' African Growth and Opportunity Act (AGOA) has differences from and similarities to 26 trade preference programs offered by other developed and developing countries in three key areas that can affect program performance in increasing and diversifying trade.Country eligibility. AGOA is unique in that it focuses eligibility on sub-Saharan African (SSA) countries. Most other countri...
African Growth and Opportunity Act: Observations on Competitiveness and Diversification of U.S. Imports from Beneficiary Countries
GAO-14-722R: Published: Jul 21, 2014. Publicly Released: Jul 21, 2014.
U.S. imports from African Growth and Opportunity Act (AGOA) countries have increased since 2001, but AGOA countries' share of overall U.S. imports remained small and experienced declines in recent years. GAO analyzed total U.S. imports from AGOA countries, including both imports under AGOA (i.e., imports that received duty-free access claiming AGOA preference benefits) and other imports (i.e., imp...
Sub-Saharan Africa: Trends in U.S. and Chinese Economic Engagement
GAO-13-199: Published: Feb 7, 2013. Publicly Released: Feb 7, 2013.
View Chinese version of Highlights (PDF, 1 page).What GAO FoundThe United States and China have emphasized different policies and approaches for their engagement with sub-Saharan Africa. U.S. goals have included strengthening democratic institutions, supporting human rights, using development assistance to improve health and education, and helping sub-Saharan African countries build global trade....
Earned Import Allowance Program for Haiti
GAO-12-204R: Published: Nov 30, 2011. Publicly Released: Nov 30, 2011.
The United States has historically provided assistance to support development in Haiti. Over the last several years, Congress has attempted to promote Haiti's economic development through the use of trade preferences for Haitian products. In 2000, Congress extended preferences under the Caribbean Basin Economic Recovery Act to allow for duty-free treatment of apparel through the Caribbean Basin Tr...
Foreign Assistance: The United States Provides Wide-ranging Trade Capacity Building Assistance, but Better Reporting and Evaluation Are Needed
GAO-11-727: Published: Jul 29, 2011. Publicly Released: Jul 29, 2011.
From 2005 to 2010, 24 U.S. agencies provided more than $9 billion in trade capacity building (TCB) assistance to help more than 100 countries reduce poverty, increase economic growth, and achieve stability through trade. To report on TCB funding, the U.S. government conducts an annual survey of agencies and publicly reports the data in a TCB database administered by the U.S. Agency for Internation...
Millennium Challenge Corporation: Compacts in Cape Verde and Honduras Achieved Reduced Targets
GAO-11-728: Published: Jul 25, 2011. Publicly Released: Jul 25, 2011.
The Millennium Challenge Corporation (MCC) was established in 2004 to help developing countries reduce poverty and stimulate economic growth through multiyear compact agreements. As of June 2011, MCC had signed compacts with 23 countries totaling approximately $8.2 billion in assistance. MCC asks countries to develop compacts with a focus on results and effective monitoring and evaluation. MCC set...
Haiti Reconstruction: U.S. Efforts Have Begun, Expanded Oversight Still to Be Implemented
GAO-11-415: Published: May 19, 2011. Publicly Released: May 19, 2011.
On January 12, 2010, an earthquake in Haiti killed an estimated 230,000 people, displaced about 2 million more, and exacerbated longstanding challenges. In July 2010, Congress appropriated more than $1.14 billion in supplemental funds for reconstruction assistance, most of which was provided to the U.S. Agency for International Development (USAID) and the Department of State (State). In April 2010...
Millennium Challenge Corporation: Summary Fact Sheets for 17 Compacts
GAO-10-797R: Published: Jul 14, 2010. Publicly Released: Jul 14, 2010.
The Millennium Challenge Corporation (MCC), now in its seventh year of operations, is to provide aid to developing countries that have demonstrated a commitment to ruling justly, encouraging economic freedom, and investing in people. MCC provides assistance to eligible countries through multiyear compact agreements to fund specific programs targeted at reducing poverty and stimulating economic gro...
Global Food Security: Progress toward a U.S. Governmentwide Strategy Is Under Way, but Approach Has Several Vulnerabilities
GAO-10-494T: Published: Mar 11, 2010. Publicly Released: Mar 11, 2010.
Global hunger continues to worsen despite world leaders' 1996 pledge--reaffirmed in 2000 and 2009--to halve hunger by 2015. To reverse this trend, in 2009 major donor countries pledged about $22.7 billion in a 3-year commitment to agriculture and food security in developing countries, of which $3.5 billion is the U.S. share. This testimony addresses (1) the types and funding of food security progr...
Global Food Security: U.S. Agencies Progressing on Governmentwide Strategy, but Approach Faces Several Vulnerabilities
GAO-10-352: Published: Mar 11, 2010. Publicly Released: Mar 11, 2010.
Global hunger continues to worsen despite world leaders' 1996 pledge--reaffirmed in 2000 and 2009--to halve hunger by 2015. To reverse this trend, in 2009 major donor countries pledged $22 billion in a 3-year commitment to agriculture and food security in developing countries, of which $3.5 billion is the U.S. share. Through analysis of agency documents, interviews with agency officials and their...