IDEAS home Printed from https://ideas.repec.org/p/zbw/oefsew/51.html
   My bibliography  Save this paper

Private sector development: Business plan or development strategy?

Author

Listed:
  • Küblböck, Karin
  • Staritz, Cornelia

Abstract

Private sector development (PSD) has taken on an increasingly prominent role in both the debates as well as budgets of international development cooperation in recent years. While the promotion of private sector activities in developing countries has for a long time been part of development cooperation strategies, in the past years there has been a shift towards a more proactive role of the private sector, defining it as a partner to address development challenges. The paper illustrates the growing prominence of the private sector in development cooperation and identifies reasons for this trend. It shows that PSD is not a "technical solution" but that there are different theoretical approaches to PSD that favour distinct policy measures, discussing the structuralist, neoclassical and neostructuralist approach. Finally, it presents reflections on the relationship between current PSD strategies and sustainable economic and inclusive development.

Suggested Citation

  • Küblböck, Karin & Staritz, Cornelia, 2014. "Private sector development: Business plan or development strategy?," Working Papers 51, Austrian Foundation for Development Research (ÖFSE).
    • Handle: RePEc:zbw:oefsew:51
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/110075/1/823662160.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:idb:brikps:80938 is not listed on IDEAS
    2. Michael Blowfield & Catherine S. Dolan, 2014. "Business as a development agent: evidence of possibility and improbability," Third World Quarterly, Taylor & Francis Journals, vol. 35(1), pages 22-42, January.
    3. Dani Rodrik, 2007. "Introductiion to One Economics, Many Recipes: Globalization, Institutions, and Economic Growth," Introductory Chapters, in: One Economics, Many Recipes: Globalization, Institutions, and Economic Growth, Princeton University Press.
    4. Robert H. Wade, 2012. "Return of industrial policy?," International Review of Applied Economics, Taylor & Francis Journals, vol. 26(2), pages 223-239, November.
    5. Morris, Mike & Kaplinsky, Raphael & Kaplan, David, 2012. "“One thing leads to another”—Commodities, linkages and industrial development," Resources Policy, Elsevier, vol. 37(4), pages 408-416.
    6. Philippe Aghion & Julian Boulanger & Elie Cohen, 2011. "Rethinking industrial policy," Policy Briefs 566, Bruegel.
    7. repec:wea:worler:v:2012:y:2012:i:1:p:7 is not listed on IDEAS
    8. Alice H Amsden, 2012. "Grass Roots War on Poverty," World Economic Review, World Economics Association, vol. 2012(1), pages 114-114, September.
    9. Tilman Altenburg & Christian von Drachenfels, 2006. "The 'New Minimalist Approach' to Private-Sector Development: A Critical Assessment," Development Policy Review, Overseas Development Institute, vol. 24(4), pages 387-411, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Österreichische Forschungsstiftung für Internationale Entwicklung (ÖFSE) (ed.), 2013. "Österreichische Entwicklungspolitik 2013. Private Sector Development: Ein neuer Businessplan für Entwicklung?," Austrian Development Policy Report, Austrian Foundation for Development Research (ÖFSE), number 268192.
    2. Landesmann, Michael A. & Stöllinger, Roman, 2019. "Structural change, trade and global production networks: An ‘appropriate industrial policy’ for peripheral and catching-up economies," Structural Change and Economic Dynamics, Elsevier, vol. 48(C), pages 7-23.
    3. Naudé, Wim, 2011. "Entrepreneurship is Not a Binding Constraint on Growth and Development in the Poorest Countries," World Development, Elsevier, vol. 39(1), pages 33-44, January.
    4. Michael Landesmann & Roman Stöllinger, 2018. "Structural Change, Trade and Global Production Networks," wiiw Policy Notes 21, The Vienna Institute for International Economic Studies, wiiw.
    5. Valeria Cirillo & Dario Guarascio & Mario Pianta, 2014. "Will Europe?s industry survive the crisis? Competitiveness, employment and the need for an industrial policy," Working Papers 1408, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2014.
    6. Laurids S. Lauridsen, 2018. "New economic globalization, new industrial policy and late development in the 21st century: A critical analytical review," Development Policy Review, Overseas Development Institute, vol. 36(3), pages 329-346, May.
    7. Roman Stöllinger & Mario Holzner, 2017. "State Aid and Export Competitiveness in the EU," Journal of Industry, Competition and Trade, Springer, vol. 17(2), pages 203-236, June.
    8. Alexander Ebner & Fabian Bocek, 2015. "Best Practices as to How to Support Investment in Intangible Assets. WWWforEurope Working Paper No. 101," WIFO Studies, WIFO, number 58258, April.
    9. Karl Aiginger, 2014. "Industrial Policy for a Sustainable Growth Path," WIFO Working Papers 469, WIFO.
    10. Michael Peneder, 2017. "Competitiveness and industrial policy: from rationalities of failure towards the ability to evolve," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 41(3), pages 829-858.
    11. Michael Böheim, 2016. "Umweltpolitik als Kernelement einer systemischen Industriepolitik zur Förderung eines nachhaltigen Wirtschaftswachstums," WIFO Monatsberichte (monthly reports), WIFO, vol. 89(1), pages 39-46, January.
    12. Küblböck, Karin & Staritz, Cornelia, 2015. "Private sector development: Business plan or development strategy?," Policy Notes 14/2015, Austrian Foundation for Development Research (ÖFSE).
    13. Karl Aiginger, 2014. "Industrial Policy for a Sustainable Growth Path. WWWforEurope Policy Paper No. 13," WIFO Studies, WIFO, number 47261, April.
    14. Kolsuz, Gunes & Yeldan, A. Erinc, 2017. "Economics of climate change and green employment: A general equilibrium investigation for Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 70(C), pages 1240-1250.
    15. Mario Pianta, 2014. "An industrial policy for Europe," Working Papers 1401, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2014.
    16. Neilson, Jeffrey & Dwiartama, Angga & Fold, Niels & Permadi, Dikdik, 2020. "Resource-based industrial policy in an era of global production networks: Strategic coupling in the Indonesian cocoa sector," World Development, Elsevier, vol. 135(C).
    17. Di Tommaso, Marco R. & Tassinari, Mattia & Barbieri, Elisa & Marozzi, Marco, 2020. "Selective industrial policy and ‘sustainable’ structural change. Discussing the political economy of sectoral priorities in the US," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 309-323.
    18. Jan Fagerberg & Bengt-Åke Lundvall & Martin Srholec, 2018. "Global Value Chains, National Innovation Systems and Economic Development," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 30(3), pages 533-556, July.
    19. Reis, Anabela & Heitor, Manuel & Amaral, Miguel & Mendonça, Joana, 2016. "Revisiting industrial policy: Lessons learned from the establishment of an automotive OEM in Portugal," Technological Forecasting and Social Change, Elsevier, vol. 113(PB), pages 195-205.
    20. Matthias Firgo & Peter Mayerhofer, 2015. "Wissens-Spillovers und regionale Entwicklung - welche strukturpolitische Ausrichtung optimiert des Wachstum?," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 144, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:oefsew:51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/ofsewat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.