The private sector must be a critical partner if we are to create jobs and sustainably lift people out of poverty... however, inept bureaucracy, poor or poorly enforced regulation, interventions by government and endemic corruption get in the way... with a well thought partnerships, public-private efforts can be done in a way that are good for business and more sustainable than aid and assistance packages subject to donor fatigue, legislative gridlock, politics and budget cuts... while development banks and aid agencies can provide incremental good, it is good governance and a strong rule of law that are critical to businesses and essential to job creation and long term growth -Curtis S. Chin, Nurturing Entrepreneurs: Key to Economic Growth, Island Business, March 2014.
Posted on: Sat, 22 Mar 2014 20:43:20 +0000