Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/52983 
Year of Publication: 
2002
Series/Report no.: 
WIDER Discussion Paper No. 2002/112
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
This paper identifies the rationale behind the emergence of private sector development (PSD) as a special area of development assistance. It describes PSD policies’ main elements and instruments and provides an overview of the differences and similarities between the PSD activities of bilateral and multilateral development agencies. In so doing it asks whether agencies’ apparent reliance on the same analytical source extends to the use of the same type of instruments. It also examines how far the latter are consistent with donors’ broader development objectives and development assistance norms. It then asks what do the findings reached in this regard imply for aid coherence, coordination and inter-donor competition. Next, the paper provides an overview of discussions around the effectiveness of the numerous PSD instruments. It concludes with a provisional summing-up of the extent to which bilaterals and multilaterals differ, and of why this might be the case.
Subjects: 
private sector development
development cooperation
bilateral aid
multilateral aid
JEL: 
F34
F35
O14
O19
ISBN: 
9291903515
Document Type: 
Working Paper

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