Private Sector and Development Policy: Advantages and Problems

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...

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Autor principal: Merle Heyken
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ES
Publicado: Universidad de Guadalajara 2018
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Acceso en línea:https://doaj.org/article/e07f13de7068454eae12b19aae22c593
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spelling oai:doaj.org-article:e07f13de7068454eae12b19aae22c5932021-11-04T14:59:49ZPrivate Sector and Development Policy: Advantages and Problems2007-983410.32870/in.v0i14.7083https://doaj.org/article/e07f13de7068454eae12b19aae22c5932018-05-01T00:00:00Zhttps://internaciones.cucsh.udg.mx/index.php/inter/article/view/7083https://doaj.org/toc/2007-9834In 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.Merle HeykenUniversidad de Guadalajaraarticleinternational development policyprivate sectorInternational relationsJZ2-6530ENESInternaciones, Iss 14, Pp 135-153 (2018)
institution DOAJ
collection DOAJ
language EN
ES
topic international development policy
private sector
International relations
JZ2-6530
spellingShingle international development policy
private sector
International relations
JZ2-6530
Merle Heyken
Private Sector and Development Policy: Advantages and Problems
description 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.
format article
author Merle Heyken
author_facet Merle Heyken
author_sort Merle Heyken
title Private Sector and Development Policy: Advantages and Problems
title_short Private Sector and Development Policy: Advantages and Problems
title_full Private Sector and Development Policy: Advantages and Problems
title_fullStr Private Sector and Development Policy: Advantages and Problems
title_full_unstemmed Private Sector and Development Policy: Advantages and Problems
title_sort private sector and development policy: advantages and problems
publisher Universidad de Guadalajara
publishDate 2018
url https://doaj.org/article/e07f13de7068454eae12b19aae22c593
work_keys_str_mv AT merleheyken privatesectoranddevelopmentpolicyadvantagesandproblems
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