The private sector has been rightly recognized as the engine of growth. It is through activities of the private sector that new productive capacity and expansion of the existing capacity is usually achieved. The private sector also plays equally indispensable roles in providing services, and by engaging in both domestic and external trade. Providing income-earning employment opportunities to citizens is another well-known service of the private sector. Private sector development is thus a vital requirement for the realization of country's development aspirations. In its work in this area, the GCA has considered what policies and institutional arrangements will facilitate the development of the private sector.
Related documents are listed below:
The Private Sector: Key to African Development - Summary Report; Background Document
Sub Committees on Economic Reform Policies
Regional Cooperation and Integration
Accra, Ghana, 1995
Note: The document is available at the GCA Secretariat.