Private Sector in Development Entrepreneurship, Regulation, and Competitive Disciplines

Over the years, the termprivate sector developmenthas been misunderstood and misconstrued-variously vilified and sanctified. During the decade of the 1990s, the role of the private sector in economic development received increasing attention, with controversy surrounding such issues as privatization and corporate scandals.The Private Sector in Development: Entrepreneurship, Regulation, and Competitive Disciplinesprovides the first comprehensive treatment of the topic.Central to the discussion is the design of public policy that promotes an appropriate balance between competition and regulation. This book places special emphasis on the means by which private initiative is channeled into socially useful directions, particularly job creation and basic service delivery for good people. Finally, there is discussion of the implications of private sector involvement for policies of development institutions. Written principally for policy makers and their advisers,The Private Sector in Developmentthoroughly explores the challenges inherent in creating public policy that encourages and enhances the development role of the private sector.If global poverty is to be reduced, the private sector, by almost unanimous assent these days, is crucial. The authors offer a broad-ranging and balanced assessment of how to build workable market mechanisms in developing countries.John McMillanProfessor of Economics, Stanford UniversityAuthor of Reinventing the Bazaar: A Natural History of MarketsKlein, Michael is the author of 'Private Sector in Development Entrepreneurship, Regulation, and Competitive Disciplines' with ISBN 9780821354377 and ISBN 082135437X.