Why private sector development?
Private enterprises are the backbone of a national economy and play a
critical role in helping achieve the Sustainable Development Goals (SDGs). Through
Private Sector Development (PSD), SDC aims at creating incentives for sustainable and inclusive private-sector activities, providing economic opportunities of quality to poor people, in particular youth and women (SDG 5), at scale. Strengthened private sector enterprises are an important driving force in the move to create inclusive jobs and income opportunities (SDG 8) and ultimately contributing to poverty alleviation (SDG 1).
What are the aims?
When
promoting private sector development, SDC aims at encouraging the growth of
properly functioning markets. To this end, various policy components and
measures are typically combined, including: the reduction of obstacles to
economic activities in the formal sector, promotion of a reliable financial
sector (also adapted to the needs of small and micro enterprises),
strengthening public administration capacities, improving the range of
vocational training opportunities, or developing an inclusive dialogue between
the private and public sector.
How are they achieved?
The SDC bases all its private sector development activities on a Market Systems Development (MSD) Approach, or also known as Making Markets Work for the Poor (M4P). The approach provides a set of principles, frameworks,
and good practices that guide the analysis of market systems and development
interventions, which bring about socially inclusive and pro-poor change.
What will
you find on the private sector development pages?
On this site you find an overview of the topics of the sub-page:
Team | Here you will get to know the PSD-core team and the support team |
Key Documents | In this section you find key resources related to the PSD, recommended by the e+i focal point |
Topics and Resources | Five key topics, which are relevant for SDCs private sector development are presented. Under each topic you find a short description on SDCs understanding, key documents and projects |
Events and Trainings | Please click here to find information on past and upcoming events and trainings related to PSD |
E-Discussions | Since 2010 the e+i network held e-discussions on different topics related to private sector development. All the input and synthesis papers can be found here |
Project | Here you find you find everything related to our PSD project portfolio |
Reference Indicators | In this section you find information on the Aggregated Reference Indicators (ARI) and the Common Outcome Indicators (COI) |
Links | Links to other websites with important information on Private Sector Development can be found here |
