The Evolving Links Between Business and International Development Agencies in Ppps

International Trade ForumNum. 4, Octobre 2009

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The private sector has never played a greater or more influential role in international economic development than it does today. As international development strategies continue to rapidly evolve, the challenge for both public and private sector leaders is in how to adapt their thinking. Just as the role of the private sector has increased in emerging market development, so other aspects of the development equation have changed. There is an increasing focus on bottom of the pyramid economics, microfinance, entrepreneurship and business skills development. Countries are also increasingly concerned about the environment and sustainable development. Engaging the private sector as an equal partner in development can prove to be very powerful and deliver significant benefits. However there are steps that need to be taken in order to systematize he way in which such partnerships work: 1. Reduce redundancy. 2. Increase efficiency. 3. Maintain equitable status.

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The Evolving Links Between Business and International Development Agencies in Ppps

The private sector has never played a greater or more influential role in international economic development than it does today While 20 years ago the public sector delivered the majority of foreign assistance, today we are faced with a very different reality. Individual remittances, civil society organizations and business deve...

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