The Private Sector in Development : Entrepreneurship, Regulation, and Competitive Disciplines
Over the years, the term private sector development, has been misunderstood and misconstrued - variously vilified and sanctified. During the decade of the 1990s, the role of the private sector in economic development, received increased attention,...
| Main Authors: | , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2003/05/2427513/private-sector-development-entrepreneurship-regulation-competitive-disciplines http://hdl.handle.net/10986/15134 |
| Summary: | Over the years, the term private sector
development, has been misunderstood and misconstrued -
variously vilified and sanctified. During the decade of the
1990s, the role of the private sector in economic
development, received increased attention, with controversy
surrounding such issues as privatization, and corporate
scandals. This book provides the first comprehensive
treatment of the topic. Central to the discussion, is the
design of public policy that promotes an appropriate balance
between competition, and regulation. It places special
emphasis on the means by which private initiative is
channeled into socially useful directions, particularly job
creation, and basic service delivery for poor people.
Finally, there is discussion of the implications of private
sector involvement for policies of development institutions.
Written principally for policymakers, and advisers, the book
thoroughly explores the challenges inherent in creating
public policy that encourages, and enhances the development
role of the private sector. If global poverty is to be
reduced, the private sector, by almost unanimous assent, is
crucial. The authors offer a broad-ranging, and balanced
assessment of how to build workable, market mechanisms in
developing countries. |
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