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Private Sector Development in Poor Countries: Seeking Better Policy Recipes?

Author

Listed:
  • Federico Bonaglia

    (OECD)

  • Kiichiro Fukasaku

    (OECD)

Abstract

Private business activity, by creating and using “ideas”, drives economic growth in both rich and poor countries. Creating an enabling business environment is necessary but not sufficient for fostering the private sector in poor countries. Open dialogue, transparency, accountability and evaluation make private sector development policies more effective. * This Policy Insights introduces the Business for Development: Fostering the Private Sector report.

Suggested Citation

  • Federico Bonaglia & Kiichiro Fukasaku, 2007. "Private Sector Development in Poor Countries: Seeking Better Policy Recipes?," OECD Development Centre Policy Insights 48, OECD Publishing.
    • Handle: RePEc:oec:devaac:48-en
    DOI: 10.1787/243368408865
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    Cited by:

    1. Hoedoafia, Mabel Akosua, 2019. "Private Sector Development in Ghana: An Overview," MPRA Paper 96732, University Library of Munich, Germany.
    2. Oulavanh Keovilignavong & Diana Suhardiman, 2018. "Characterizing private investments and implications for poverty reduction and natural resource management in Laos," Development Policy Review, Overseas Development Institute, vol. 36(S1), pages 341-359, March.

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