Policy expertise

Papers on Private-Sector Financing

Policy Area
Department for International Development (DFID)
April 2002
OPM contact

DFID commissioned several papers to contribute to the continuing process of determining the future roles and structures of the Commonwealth Development Corporation. OPM prepared a paper that identified some of the key issues involved in private enterprises' access to and use of formal finance in developing countries. Subjects covered included: broad global tendencies in developing country finance; evidence about the constraints on private-sector development in order to position finance amongst these constraints; how enterprise-financing patterns in developing countries are affected by a variety of enterprise- and country-specific influences; selected empirical evidence about these financing patterns (including their differences across different parts of the developing world); and certain institutional issues of relevance to the future shape of enterprise financing, including the role of development finance institutions.

Principal Consultant