The objective of the study is to identify how micro-enterprises can be integrated into local value chains by using the so-called "value chain approach". The "value chain approach" has become a relatively popular approach among donor agencies and NGOs engaged in Private Sector Development in...

Interventions designed to support small and medium enterprises (SMEs) are popular among policy makers, given the role SMEs play in job creation around the world. Business support interventions in low- and middle-income countries (LMICs) are often based on the assumption that market failures and...

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...

This paper, a synthesis of salient findings of the authors’ book entitled “Investment Climate Around the World: Voices of the Firms from the World Business Environment Survey”, and based on a chapter in “Pathways Out of Poverty: Private Firms and Economic Mobility in Developing...

This book explores the interactions between private sector development, public policies and societal institutions with a strong view on contributing to sustainable and inclusive development in emerging countries. The private sector is often praised as an engine of economic growth. This belief...

Over the last 20 years of Doimoi (renovation) reform policy in Vietnam, private sector has significantly contributed to the outstanding success of the economy. The rapid development of this sector has been resulted from the opening -up economic policy pursued by Vietnamese government and...

The purpose of this paper is first to examine the historical and current development of the private sector in the PRC, and then to try to identify its characteristics, bottlenecks to further development and their policy implications. We then explore a simplified mathematical model, illustrating...

The Vietnamese government has been conducting economic and administrative reforms to create a sustain market conditions for the growth of small to medium enterprises (SMEs) in Vietnam since 1986. In fact, the inconsistency in the government policy, slow pace of market reform, insufficient...

The Southeast Asian Tigers feel threatened. Even though their growth rates have remained above the average for the world and also above the average for developing countries, their economic performance falls short of that in the first half of the 1990s. The underlying worry is that it presages...

Many countries in Sub-Saharan Africa see information and communication technology (ICT) as a necessary foundation for long-term economic development. While the region has been very successful in increasing access to basic voice communications, there has been no comparable improvement in...