audit banking sector development | observe banking sector development | monitor banking sector development | survey banking sector development

Committee on Private Sector Development [ Task Force on Private Sector Development ]

private sector [ private enterprise | private undertaking ]

Rebalancing the public and private sectors: developing country experience [ Rebalancing the public and private sectors ]

Ministerial Symposium on the Industrialization of the Least Developed Countries : Sustainable Private Sector Development and Accelerated Growth of Industrial Enterprises in LDCs

implement risk management outdoors | implement risk management practices outdoors | develop risk management tools for the outside sector | implement risk management for outdoors

This strategic framework is being reflected in the programming of EU development assistance from 2014 to 2020 with regard to national and regional private sector development strategies such as the joint ACP-EU work on a new cooperation framework for private sector development in ACP countries, at the level of thematic programmes that address private sector engagement as a cross-cutting issue, and in sectoral interventions designed to mainstream engagement with the private sector in agriculture, sustainable energy, and infrastructure, or in green and social sectors.

In terms of private sector development support, the Commission wants to remain an important partner of governments and business intermediary organisations in developing countries for supporting the creation of an enabling business environment and the development of local enterprises that are equipped to create decent jobs, generate public revenues, and harness the opportunities offered by globally integrated markets.[3] In so doing, the Commission will look for new ways of harnessing the potential of the private sector as a financing partner, implementing agent, advisor or intermediary to achieve more effective and efficient delivery of ...[+++]EU support, not only in the field of local private sector development, but also in other areas of EU development cooperation such as sustainable energy, sustainable agriculture and agribusiness, digital and physical infrastructure, and the green and social sectors.

A recent evaluation of EU support for private sector development between 2004 and 2010[1] confirmed the important contribution made by the Commission to private sector development in partner countries, and identified ways of improving future programmes and strategies, which include: (i) putting more emphasis on decent job creation; (ii) mainstreaming private sector engagement across the EU’s support portfolio; (iii) promoting more effectively cross-cutting issues such as the Decent Work Agenda, women and youth employment, and human rights, and (iv) enhancing the operational effectiveness and impact of private sector development support ...[+++] by improving diagnostics and results measurement.

The Commission will, in line with partner governments’ policies, develop ways to better integrate private sector development objectives in support strategies, and will identify modalities for using the private sector as an implementing and financing partner in these areas.