TY - JOUR
T1 - Investment and advisory
T2 - Case studies for private sector development in Papua New Guinea and China
AU - Jayasuriya, Dinuk S.
PY - 2012/9
Y1 - 2012/9
N2 - The importance of the private sector in fostering economic development has been widely accepted. However, little has been written on the effectiveness of aid's support for private sector development. This paper presents case studies of how the International Finance Corporation, a member of the World Bank Group, supports two private institutions in Papua New Guinea and China to increase the access to finance to underserved groups. It will also highlight the benefits of IFC's combined approach of investing in the companies (investment services) and providing technical assistance (advisory services) to build organizational capacity.
AB - The importance of the private sector in fostering economic development has been widely accepted. However, little has been written on the effectiveness of aid's support for private sector development. This paper presents case studies of how the International Finance Corporation, a member of the World Bank Group, supports two private institutions in Papua New Guinea and China to increase the access to finance to underserved groups. It will also highlight the benefits of IFC's combined approach of investing in the companies (investment services) and providing technical assistance (advisory services) to build organizational capacity.
KW - Access to finance
KW - IFC
KW - Investment
KW - Private sector development
KW - Technical assistance
UR - http://www.scopus.com/inward/record.url?scp=84866404165&partnerID=8YFLogxK
U2 - 10.3362/1755-1986.2012.023
DO - 10.3362/1755-1986.2012.023
M3 - Article
SN - 1755-1978
VL - 23
SP - 230
EP - 240
JO - Enterprise Development and Microfinance
JF - Enterprise Development and Microfinance
IS - 3
ER -