The Resource Private Sector Development in Low-Income Countries, (electronic resource)

Private Sector Development in Low-Income Countries, (electronic resource)

Label
Private Sector Development in Low-Income Countries
Title
Private Sector Development in Low-Income Countries
Creator
Contributor
Subject
Language
eng
Summary
In response to a request by the Deputies of the International Development Association, this report assesses the progress of private sector development in low-income countries, particularly in sub-Saharan Africa during IDA 9 and 10 periods. It identifies causes of uneven performance and outlines the main elements of a strategy - led by the private sector - for accelerated and shared growth to reduce poverty. Private sector development contributes to poverty reduction in two ways. First, it enhances competitive forces and competitiveness, which produce growth and jobs. Second, through divestiture of activities that the private sector can do as well or better, it allows governments to reduce waste and gain the fiscal space needed for greater investments in the social sectors and infrastructure. Those investments are " income equalizers " that provide skills and services required by the private to compete in today's skill-based global economy. This report argues that for private sector development to promote accelerated growth, progress on the macroeconomic front has to be buttressed with structural and institutional reforms to: improve business environments that remain harsh; reduce the drain of public enterprises; build robust financial systems; and increase the supply and quality of human resources and physical infrastructure
Member of
Government publication
international or intergovernmental publication
Index
index present
Literary form
non fiction
Nature of contents
dictionaries
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World Bank
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World Bank
http://library.link/vocab/subjectName
  • Banks and Banking Reform
  • Economic Theory and Research
  • Emerging Markets
  • Finance and Financial Sector Development
  • Financial Literacy
  • International Economics & Trade
  • Macroeconomics and Economic Growth
  • Private Sector Development
  • Trade and Regional Integration
Label
Private Sector Development in Low-Income Countries, (electronic resource)
Instantiates
Publication
Color
multicolored
Control code
WOBA975
Dimensions
unknown
Extent
1 online resource (188 p.)
Form of item
online
Isbn
9780821334782
Other control number
10.1596/0-8213-3478-6
Specific material designation
remote
System control number
  • (The World Bank)975
  • (The World Bank)975
Label
Private Sector Development in Low-Income Countries, (electronic resource)
Publication
Color
multicolored
Control code
WOBA975
Dimensions
unknown
Extent
1 online resource (188 p.)
Form of item
online
Isbn
9780821334782
Other control number
10.1596/0-8213-3478-6
Specific material designation
remote
System control number
  • (The World Bank)975
  • (The World Bank)975

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