US Support for Economic Growth in Asia
(US-SEGA)
Nathan Associates Inc. is implementing the six-year United States-Support for Economic Growth in Asia (US-SEGA) program.
US-SEGA designed to improve the policy environment for sustainable economic growth and prosperity, improve regional economic cooperation, strengthen management of institutions, support good governance throughout Asia-Pacific Economic Cooperation (APEC) and the Indo-Pacific, and expand markets for U.S. goods and services.
In addition to strengthening the Asia-Pacific Economic Cooperation (APEC) forum, US-SEGA offers missions a flexible mechanism to respond quickly to new opportunities through targeted technical assistance and training. It particularly supports workstreams focused on current and emerging economic growth issues including:
- ▶ digital economy
- ▶ workforce development
- ▶ supply chain connectivity
- ▶ women’s economic empowerment.
The program also supports missions in their ongoing response to the economic effects of the COVID-19 pandemic.
US-SEGA is implemented across three (3) components:
➡ Component 1: Strengthening APEC
US-SEGA’s Component 1 helps the Asia-Pacific Economic Cooperation (APEC) forum and its member economies advance regional economic cooperation through addressing barriers to trade and investment. US-SEGA builds the capacity of regional and economy-level actors to facilitate trade and investment, implement regulatory and structural reform, and pursue inclusive and resilient growth. On these key areas, US-SEGA provides a range of services, including targeted technical assistance, policy studies and assessments, and institutional capacity building and training.
➡ Component 2: Supporting Economic Growth Programs
US-SEGA’s Component 2 offers USAID Missions a flexible mechanism to respond quickly to new opportunities in economic growth assistance. US-SEGA provides rapid demand-driven support for economic growth activities in the Indo-Pacific across a broad range of areas including trade and investment, digital connectivity, energy, infrastructure, private sector engagement, market systems, and women’s economic empowerment. US-SEGA also captures and shares best practices to help missions design and implement innovative approaches and technologies.
➡ Component 3: COVID-19 Crisis Response
US-SEGA’s Component 3 also provides USAID Missions a pre-competed mechanism, particularly to support economic growth initiatives toward countering the negative consequences from COVID-19. Under this component, US-SEGA provides analysis and technical assistance on a range of economic growth support interventions in the immediate and medium-to long terms to mitigate negative economic results from COVID-19 and other external shocks that might develop.
About US-SEGA
US-SEGA builds on past assistance provided to the region by the U.S. Government, to both APEC and USAID Missions, to achieve policy objectives. Through policy studies and assessments, target technical assistance, and capacity building, US-SEGA will advance sustainable economic growth, capture and disseminate best practices,and pilot innovative approaches and technologies.
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