: Economic development and employment

Economic growth is a fundamental requirement for the development of a country. For companies to invest and an economy to grow, stable environments, efficient institutions, functioning markets and access to sustainable financial services are all required. GIZ assists its partner countries in improving their economic framework conditions, removing bureaucratic obstacles and establishing suitable promotional structures.

Through dialogue between public and private actors, we develop comparative advantages and initiate multisectoral economic flows. We advise on economic policy and work with our partners to develop solutions for private sector promotion, and local, poverty-oriented financial systems to give everyone an opportunity to share the benefits of economic growth.

We realise that economic growth is created by people. This is why we begin with viable vocational training in order to enhance the right competences for dynamic economic development, tailored to needs and with strong practical relevance. Integrating as many population groups as possible into the economy is the only way to ensure that growth has a broad effect and is sustainable.

With its know-how, GIZ makes an active contribution to the full realisation of its partners’ economic potential in a way which is not only profitable but also socially and ecologically acceptable. We create opportunities. For all.

 

Vocational training

Developing countries need support with vocational training. After all, countries need a well-trained workforce to be competitive.

Employment

Developing countries need more and better jobs and a qualified workforce. These are essential factors for ensuring that people can make a living from their work.

Financial inclusion of poor households

GIZ is committed to ensuring that everyone can use financial services. In many cases, this enables access to important goods such as clean water, education and electricity, and provides opportunities to lift people out of poverty.

Financial market stability and capital market development

GIZ supports emerging and developing countries in establishing regulated and crisis-resistant financial systems.

Green economy

"Green" growth requires new economic structures. GIZ advises its partner countries on the transition.

Trade

Trade is a driver of economic development. GIZ promotes a fairer form of global trade that supports the Sustainable Development Goals.

Rural, agricultural and SME financing

People in rural areas often have no access to financial services. GIZ works with all stakeholders to change this.

Sustainable financing and investment

Additional, targeted private and public capital is needed to achieve the Sustainable Development Goals.

Displacement and migration in the context of economic and social development

GIZ supports the potential of regulated and safe migration so as to ensure equal benefit for countries of origin, host countries and migrants.

Private sector development

Economic development in developing countries is driven by small, private-sector companies. Their role should therefore be strengthened.

Insurance

Insurance enables the financial consequences of shocks to be dealt with efficiently, contributes to securing livelihoods, and can help prevent people from sliding into poverty.

Economic policy

German development cooperation focuses on the quality of economic growth. Environmental and social issues are paramount.