Private Sector Development
One of ERI’s areas of specialization is the analysis of constraints to private sector growth. Analysis is based on identifying barriers to private sector development based on contracting, institutions and transactions costs, ERI experts suggest policy reforms that will encourage investment and entrepreneurship.
ERI has undertaken private sector assessments in over 30 countries, including Armenia, Argentina, Azerbaijan, Bolivia, Brazil, Bulgaria, Chile, El Salvador, Fiji, Georgia, Guyana, Jamaica, Kazakhstan, Kyrgyz Republic, Moldova, Mongolia, Palau, Papua New Guinea, Peru, Philippines, the Republic of the Marshall Islands, Romania, Samoa, Solomon Islands, Tajikistan, Tonga, Uzbekistan, Venezuela, and Vanuatu. Clients for this work were the World Bank, the InterAmerican Development Bank, the Asian Development Bank, Corporacion Andina de Fomento, and the Food and Agricultural Organization.
ERI has provided extensive analysis of the impact of business laws on economic development for the Asian Development Bank and the InterAmerican Development Bank.
ERI also specializes in promoting access to finance in developing countries. Work has included; promoting SME finance; factors influencing microcredit and micro financial services; and the institutional foundations of financial markets.
Paul Holden, ERI Director, wrote the private sector strategy background paper for AusAID’s Pacific 2020 Initiative
ERI developed a private sector strategy for the Pacific region for the Asian Development Bank. The conclusions of this analysis appear in Swimming Against the Tide. Dr Holden was the principal author. It has been one of the most successful ADB publications and has been used in courses in development economics at a number of leading universities.