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Global economic development solution from IBM
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| Dynamic economic development
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IBM aims to assist developing countries and transitioning economies to establish a nurturing environment for business, an environment that establishes needed organizations and institutions of governance, offers appropriate incentives, security and access to markets for private entrepreneurs and investors, and ultimately creates jobs. IBM has the tools, technology and strategy to help achieve these economic development goals.
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| The scope of IBM resources
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Over the past ten years, IBM’s International Financial Institutions Consulting Practice has implemented over $100 million in USAID contracts, representing 85 engagements in 45 countries. To promote global economic development activities, IBM: -
Is a major service provider to the U.S. public sector—IBM is a prime contractor for several USAID indefinite quantity contracts and U.S. Government contracting vehicles which deliver technical assistance worldwide.
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Has a network of offices and consultants around the globe— in-country national IBM consultants in economic policy, financial sector reform and information technology solutions are available in most countries, and IBM in-country offices can expedite logistical requirements.
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Participates actively in the global trading network—IBM is an international manufacturing enterprise with an extensive global supply chain.
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Brings expertise in information and communications technology—strengthening government institutions in developing nations involves improving information and communications technology.
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| Strengthen and sustain growth
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Our solutions can help institutionalize economic reform. We can help you achieve success by leveraging our wide range of capabilities in public sector financial management, and linking private sector producers in developing countries to global markets to help them be more competitive.
There are six areas covered in our global economic development solutions. -
Macroeconomic Policy—helps countries achieve stability and predictability in the major variables that affect all firms and individuals in the economy: the inflation rate, the interest rate and the exchange rate.
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Private sector development—integrates enterprises across the value chain, widens market access, and expands the flow of goods from producers to the market.
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Financial sector development—applies proven IBM “business of government” methods to improve the effectiveness of capital markets and financial regulators.
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Trade and investment—helps countries participate fully in the global economy, developing WTO-compliant laws and regulations, adopting and promulgating global product quality standards, improving the performance of customs agencies and making ports operate more efficiently.
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Workforce development in the public sector—focuses on raising the professional capacity of public employees, improving business management capacity, disseminating knowledge, and elevating efficiency in the business of government.
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Strategy, monitoring and evaluation—a critical independent function that helps assess developing economies and identify obstacles to economic growth.
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| IBM works with USAID
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IBM provides a creative approach to the problems of economic growth in developing countries. Our solutions elevate the role of processes and systems in enhancing public sector efficiency and private sector competitiveness. IBM has developed, and delivered in-depth workshops on agriculture and agribusiness, legal and institutional reform, micro-enterprise development, financial sector reform and macroeconomic policy for USAID Economic Growth Officers.
For examples, IBM helped USAID promote the modernization of India's capital markets by providing assistance directly to the Securities and Exchange Board (SEBI), stock exchanges especially the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), the National Securities Depository Ltd. (NSDL), the broker community and other capital markets institutions.
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| Flexible financing
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When you work with IBM, your resources are available through one point of contact. From consulting and strategy to technology infrastructure, we have what you need.
IBM Global Financing offers flexible options that make managing your investment easier. . Beyond the initial acquisition, our comprehensive approach to IT and information management can also help keep your technologies current, reduce costs, minimize risk and preserve your ability to make flexible equipment decisions throughout the entire project life cycle.
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Questions about this solution? Contact an IBM Government specialist.
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