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.
Labour Market and TVET
Our advice supports increasing the efficiency and market orientation of technical and vocational education and training systems. Also it helps to tailor initial and further training to the needs of different industrial and business sectors. Policy advice is frequently linked to the development of qualification frameworks that underpin the quality management via certification and accreditation.
Accessible training and advice services that are affordable for all play an important part in ensuring economic participation and harnessing productive potentials. Therefore we promote the economic and social integration of the poorest population groups. We combine skills development measures with other types of assistance, such as access to micro loans and business development services. Qualifizierung für existenzsichernde Beschäftigung (pdf, 0.21 MB, DE)
Vocational education systems geared to the labour market
A well-qualified workforce is a prerequisite for economic growth. Training and education ensure that suitable staff can be recruited for job vacancies. We provide advice on increasing the performance and market relevance of vocational education systems, and support our partners in aligning training measures with the needs of businesses.
Unemployment affects more than 202 million people worldwide and is thus a global problem. Sustainable employment prospects are conditional upon adequate income, social security, occupational health and safety, labour rights as well as the right to organise. We focus all our efforts on increasing and improving employment opportunities and achieving income levels that secure livelihoods. Beschäftigungsförderung und Beschäftigungspolitik (pdf, 0.31 MB, DE)
Financial System Development
In many developing countries, poorer people have no access to financial services of the kind they need. However, it is possible to improve this situation through holistic support for the finance sector. This involves advising central banks on how to create an enabling environment for a properly functioning microfinance sector; setting up credit reference agencies to provide greater transparency; and helping microfinance associations make effective use of standardised tools to monitor and rate microfinance institutions.
Rural finance, financing agriculture and SMEs
Agriculture provides a livelihood for much of the generally poor population in developing and emerging countries. For the banks, it is rarely worth opening branches in rural areas. Many regard the risks associated with agricultural lending as too high, as repayments have to be adapted to fluctuations in farm income and loans may need to run over longer periods. Similar problems are faced by small and medium-sized enterprises (SMEs). We are working with our partners to develop appropriate TC measures that fill this gap.
Insurance plays an important role in alleviating the financial impacts of tragedies such as illness or extreme weather for people with low incomes, and is a sustainable means of preventing such events from triggering a slide into poverty. In our partner countries, development of the insurance sector is therefore promoted at all levels. For example, GIZ advises insurance supervisory authorities on reviewing regulations, promotes training for insurance companies and supports education work for all sections of the population on the principles of insurance.
Financial sector stability and capital market development
A properly functioning and stable financial system is crucial to solid economic development. Equally, a stable regulatory framework is essential to ensure the proper allocation and agglomeration of capital. For this reason, GIZ provides wide-ranging support to its partner countries, especially in the area of banking sector regulation and supervision. The aim is to bring about a permanent improvement in access to financial services for the population as a whole.
Companies around the world often fail to fulfil their potential as far as their contribution to society and the economy is concerned. In many countries, unfavourable conditions are hindering the founding of business start-ups, deterring investment and slowing growth. By adopting a systemic, structure-building approach, we aim to establish environmentally and socially sustainable economic practices. Depending on the specific context, we combine interventions geared towards strengthening companies and institutions with policy advice and measures to promote networking among relevant actors.
Supporting value chains
Supporting value chains is a fundamental development policy concept. Based on incoming value chain analyses, we are developing strategies for targeted support together with all key stakeholders. As a result, private sector and government investment funds will be mobilised, leading to economic growth.
We support our partners in implementing measures that boost competitive advantages of a region and create an enabling environment for the private sector. Thus we contribute to create local and regional competitive business locations. This reduces geographic disparities and enables sustainable pro-poor growth. Lokale und regionale Wirtschaftsentwicklung (pdf, 0.29 MB, DE)
Migration brings with it both potentials and risks. Development and emergent countries often do not dispose of concepts for an effective management of migration, making it difficult for them to deal with the "migration phenomenon". To this end, GIZ and its partners are developing strategies and instruments that strengthen the positive impacts of migration and, in turn, reduce the associated risks. Migration gestalten (pdf, 0.72 MB, DE) Shaping Migration (pdf, 0.73 MB, EN)
GIZ economic policy advice for sustainable development aims at boosting growth and employment. It is based on the principles of a social and ecological market economy. Our focus is the strengthening of institutions to safeguard macroeconomic stability and to provide a framework conducive for private sector development.
Development takes place within the context of globalisation. We help our partner countries to enhance their competitiveness with strategies in trade policy. On this basis, they are able to help shape international agreements and provisions for their benefit. Thus we contribute to improving entrepreneurial frameworks for potential export sectors. Handel (pdf, 0.20 MB, DE) Trade (pdf, 0.19 MB, EN)
Many developing countries and emerging economies lack the organisational systems and structures required to efficiently safeguard the quality of commercial products. This infrastructure is of central importance to any modern economy. We advise our partner countries on developing appropriate systems for assuring the quality of their goods. Qualitätsinfrastruktur und Verbraucherschutz (pdf, 0.21 MB, DE) Quality infrastructure and consumer protection (pdf, 0.21 MB, EN)
The Green Economy
Historically, economic development processes went hand in hand with substantial environmental pollution. Climate change, environmental damage and the over-exploitation of natural resources are the consequences of this development and are major challenges of our times. We support our partner countries in addressing prosperity, climate and environmental protection and social justice as overlapping issues.
Entering into regional economic communities can bring numerous advantages for the countries concerned. However, in order for this potential to translate profitably into economic growth and national development, it is essential to first create conducive conditions. We support our partners in these efforts at national and regional level. Regionale wirtschafliche Integration (pdf, 0.19 MB, DE) Regional economic Integration (pdf, 0.19 MB, EN)