Despite the focus on the role of aid in promoting development, it is mainly business that drives the economic growth that is needed to alleviate poverty in developing countries. The private sector is responsible for creating most jobs and wealth, and competition stimulates the investment, innovation and technological progress that underpins economic growth.
What we work on
The Business and Development Programme focuses on issues which affect the development impact of business, and looks at how economic incentives can be created for firms to improve their development impact.
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Investigating the role of government policy in setting the conditions within which markets operate, the impact that has on competition and economic performance, and incentives for businesses.
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How can companies combine commercial success with greater development impact? We focus specifically on:
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 Examining the role of the financial sector in private sector development, investment, entrepreneurship and growth; incentives for better access to financial services; and the role of foreign banks in developing countries.
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 Work in this area focuses on assessing the impact of existing labels and standards, and developing thinking on a possible new 'Good for Development' label.
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About the programme
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Related links
On the ODI website
On the internet
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