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Article

1 Feb 2009

Author:
UK Department for International Development

[PDF] Private Sector Development Strategy - Prosperity for all: making markets work

If we want to achieve the MDGs [Millennium Development Goals] and make a difference to the lives of the poorest we need to work with businesses – small and large – to create jobs, drive growth, and raise the incomes of the poorest. This strategy will prioritise three things: firstly, it will help businesses – from multinational companies to individual entrepreneurs to provide jobs and deliver goods and services. Secondly, it will improve market access by rewarding investment and private enterprise and giving poor people the opportunity to make better use of local and international markets. And thirdly, it will enhance competition by helping governments to tackle constraints such as corruption, excessive regulation and weak transport links. [refers to Merck, GSK, Novartis, SwissRe, Vodafone]