000 02616nam a2200301 a 4500
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008 100409s1995 dcu||||| |||| 00| 0 eng d
020 _a0-8213-3478-6
040 _aarcduce
082 _a338.900917
090 _c16951
_d16951
110 _aBanco Mundial
245 _aPrivate sector development in low-income countries
_c/ Banco Mundial
260 _bWorld Bank
_aWashington, D.C.
_c1995
300 _axv, 170 p. :
_bil.
490 _aDevelopment in practice
504 _aIncluye bibliografía
505 _aForeword -- Acknowledgments -- Acronyms and abbreviations -- Definitions and data notes -- Overview -- 1. From state to market - uneven progress -- 2. Establishing an attractive business environment - agile firms, agile institutions -- 3. Reforming public enterprise - farther and faster -- 4. Building robust financial systems - difficult but pressing -- Statistical appendix -- Selected bibliography -- Figures -- Tables -- Boxes.
520 _aIn response to a request by the Deputies of the International Development Association, this report assesses the progress of private sector development in low-income countries, particularly in sub-Saharan Africa during IDA 9 and 10 periods. It identifies causes of uneven performance and outlines the main elements of a strategy - led by the private sector - for accelerated and shared growth to reduce poverty. Private sector development contributes to poverty reduction in two ways. First, it enhances competitive forces and competitiveness, which produce growth and jobs. Second, through divestiture of activities that the private sector can do as well or better, it allows governments to reduce waste and gain the fiscal space needed for greater investments in the social sectors and infrastructure. Those investments are " income equalizers " that provide skills and services required by the private to compete in today ' s skill-based global economy. This report argues that for private sector development to promote accelerated growth, progress on the macroeconomic front has to be buttressed with structural and institutional reforms to: improve business environments that remain harsh; reduce the drain of public enterprises; build robust financial systems; and increase the supply and quality of human resources and physical infrastructure.
650 _aPOLITICA ECONOMICA
650 _aEMPRESAS PUBLICAS
650 _aSECTOR PRIVADO
650 _aPAISES EN DESARROLLO
653 _aPOLITICA DE ESTABILIZACION
653 _aTERCER MUNDO
942 _cLIBR
_j338.900917 B 48219
999 _c16920
_d16920