Development Through the Private Sector
Development Through the Private Sector
A joint report of 31 multilateral and bilateral development finance institutions
? International Finance Corporation 2011. All rights reserved. 2121 Pennsylvania Avenue, N.W. Washington, D.C. 20433 Internet:
The opinions and analysis presented in this report do not necessarily reflect the official views of each of the contributing IFIs and should not be attributed to their respective Executive Directors or the countries they represent.
IFC does not guarantee the accuracy, reliability or completeness of the content included in this work, or for the conclusions or judgments described herein, and accepts no responsibility or liability for any omissions or errors (including, without limitation, typographical errors and technical errors) in the content whatsoever or for reliance thereon.
IFC encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly, and when the reproduction is for educational and noncommercial purposes, without a fee, subject to such attributions and notices as we may reasonably require.
International Finance Institutions and Development Through the Private Sector
i
Table of Contents
Preface
iii
Executive Summary
1
Chapter 1: Role of the Private Sector in Development
3
Development Challenges
4
Broad Development Challenges
4
Millennium Development Goals
5
Role of the Private Sector in Addressing the Development Challenges
7
Growth
7
Jobs
8
Poverty Reduction and Inclusive Growth
8
Service Delivery
11
Addressing Food Security, Climate Change, and Environmental Sustainability
12
Taxes
12
Role of Government
12
Conclusion
14
Chapter 2: Role of the IFIs in Private Sector Development
15
Private Sector Challenges
16
IFIs' Role in Addressing Private Sector Challenges
18
The Three Channels of Development Assistance
18
Overview: Role of Private Sector-Oriented IFIs in Addressing Private Sector Challenges 20
Finding High Development Impact Investment Areas and Approaches
22
Special Role/Additionality
26
Partnerships
30
Lessons from Experience
33
Conclusion
34
Chapter 3: Results and Case Studies
35
Overview
36
Commitment Volumes
36
Development Outcome or Transition Success Rates
36
Reach Indicators
38
Demonstration Effects
38
IFI Role in Specific Sectors
38
Private Infrastructure and Public-Private Partnerships
38
SMEs and Microenterprises
42
Financial Sector
45
Agribusiness
47
Inclusive Business Models
49
Investment Climate Reform
51
Climate Change
53
Innovation
54
Results and Case Studies Summary
56
Chapter 4: Conclusion
57
Annex: Profiles of International Finance Institutions with Private Sector Operations
60
ii
International Finance Institutions and Development Through the Private Sector
International Finance Institutions and Development Through the Private Sector
iii
Preface
The private sector is recognized as a critical stakeholder and partner in economic development, a provider of income, jobs, goods, and services to enhance people's lives and help them escape poverty. Multilateral development banks and bilateral development finance institutions (together in this report called International Finance Institutions, or IFIs, see box 1) play a significant role in supporting the private sector in developing countries. They provide critical capital, knowledge, and partnerships; help manage risks; and catalyze the participation of others. They support the kind of entrepreneurial initiatives that help developing countries achieve sustainable economic growth. This role is becoming increasingly important for development institutions, along with more traditional aid and loan programs to governments.
Yet the important development contributions that IFIs make when engaging with the private sector in developing economies are often not
clear or adequately communicated to stakeholders and the public. It is the aim of this report to help bridge that gap--to increase the information and understanding about both the value of the private sector in development, and the role of international development finance institutions in supporting development through the private sector.
The report is a joint effort of 31 multilateral and bilateral development institutions that have significant programs to promote private sector investment and assistance. The content benefited from an extensive interchange of ideas and materials among all participating institutions. This report was initiated under the sponsorship of the Private Sector Development Institutions Roundtable, which is an annual meeting of the heads of IFIs focusing on private sector development, and was coordinated by the International Finance Corporation (IFC).
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- business finance squarespace
- international finance and the bretton woods institutions
- climate governance and the role of climate finance in
- the international financial role of u s
- the changing role of the financial controller
- tranforming the cfo role in financial institutions
- the role of national financial institutions in the
- the role of finance in the economy implications for
- the role and responsibilities of international financial
- international monetary fund and world bank
Related searches
- back surgery through the side
- back surgery through the abdomen
- development through the lifespan pdf
- dodge trucks through the years
- development through lifespan pdf
- development through the lifespan download
- development through lifespan 6th edition pdf
- development through lifespan textbook pdf
- private sector intelligence companies
- development through the lifespan 6th
- human development through the lifespan
- development through lifespan 7th edition