Catalog

Private Sector Development Strategy

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Why a private sector development (PSD) strategy for ADB?

PSD is a powerful weapon in the fight against poverty because

• economic growth creates jobs that use labor, the main asset of the poor
• growth increases the tax base, enabling governments to provide basic social services
• private sector is acknowledged to be better suited for sustaining rapid growth than government

ADB is currently reviewing its implementation of the PSD Strategy.

Aims of the Strategy

• to promote private sector-led growth in the developing member countries
• to help solve problems that impede private sector growth
• to increase the contribution of the private sector to poverty reduction

Major Thrusts

• help DMC governments create enabling conditions for private sector development
• generate private sector investment opportunities in ADB-financed public sector projects
• catalyze private investment

RELATED DOCUMENTS

Private Sector Operations: Strategic Directions and Review

View the document [ PDF: 253kb | 66 pages ]. To read, you need Acrobat.

Contents

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1. The need for a strategy

   1. Why a strategy now
   2. Why a comprehensive strategy
   3. Private sector and poverty reduction

2. The strategy

   1. Overview
   2. Strategic thrusts
   3. Operational priorities
   4. Country-specific strategies

3. The required internal changes

   1. Operational orientation, skills, and processes
   2. Operating principles
   3. Instruments

4. The implementation plan

Appendix [ PDF: 70kb | 23 pages ]