This report serves as a conceptual analysis of structural economic reform and describes how structural reform can enhance economic growth and prosperity. The report presents a synopsis of structural reform, its application over time, and options for future initiatives. The analysis explores the relevance of trade agreements’ potential contribution to structural reform efforts and points out ways that trade capacity building, regulatory reform, and other USAID assistance efforts can support such efforts. This report also suggests lessons that can be applied regarding policy targeting, grouping, sequencing, and other factors to heighten performance and results.
The underlying purpose of this analysis is to explore an approach that offers the potential of assisting developing countries to achieve accelerated growth and development. This would not only help improve standards of living and wellbeing in developing countries, but would also benefit the United States, since vibrant economies among our partners will not only be less dependent on foreign assistance but also will create opportunities for the expansion of U.S. exports and jobs.