Financial Markets
An efficient financial system - banks and other financial
institutions - is key in collecting savings which are then
allocated to support economic activities. A sound financial
system is critical to economic development - it provides resources
needed to fund essential government services such as education
and health care while, at the same time, providing capital
for productive private sector investment.
USAID's mandate is to identify and address constraints to
the emergence of a sound financial system in developing and
transitional economies worldwide.
USAID-funded initiatives in this sector have supported:
- rational and predictable legal systems governing activities
in the financial sector;
- regulatory infrastructure covering banks, capital markets
and insurance;
- financial reporting standards that are clear and understandable
for the general public;
- sound corporate governance in conformance with international
standards for transparency and accountability; and
- secure and reliable pensions for retirees.
Reports from USAID's Financial
Sector Work
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