Private Sector and Development Policy: Advantages and Problems

  • Merle Heyken Universidad de Guadalajara

Resumen

In the past years, the private sector has been incorporated into international development policy, a policy field traditionally dominated by the states. Due to shrinking budgets and insufficient results, the objective is to fill the gap with private contributions. However, the private sector is very heterogeneous: incentives, objectives, financial volumes and methods can differ considerably. Therefore, the results and the effectiveness of the private sector’s contribution might differ as well. In addition, the incorporation of the private sector is a controversially discussed topic as it is associated with various challenges. On the one hand the private sector can act more flexible and less bureaucratic, also it can better encourage innovation and know-how. On the other hand, problems arise related to an insufficient regulation system, mainly commercial or image interest and democratic control. More research is necessary.
Publicado
may 2, 2018
##submission.howToCite##
HEYKEN, Merle. Private Sector and Development Policy: Advantages and Problems. InterNaciones, [S.l.], n. 14, p. 135-153, mayo 2018. ISSN 2007-9834. Disponible en: <http://www.internaciones.cucsh.udg.mx/index.php/inter/article/view/7083>. Fecha de acceso: 14 nov. 2018
Sección
Artículos

Palabras clave

international development policy;private sector