By Noshua Watson
The UK Department for International Development is plowing ahead into private sector development in the midst of global economic chaos. UK Secretary of State for International Development Andrew Mitchell gave a speech last month that outlined DFID’s plans for private sector development in Africa. Rod Evison, the acting CEO of the CDC, the development finance institution, followed up with his plans for revitalising their portfolio, using innovative financial tools, concentrating on the poor and funding more risky projects.
After reading what they have to say, I’d recommend they read a refresher: “Learning from Abroad: The Role of Policy Transfer in Contemporary Policy-Making”. Can we get it right this time?