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207

Research and Reports

BUSINESS ACCOUNTABILITY FOR DEVELOPMENT: Mapping business liability mechanisms and donor engagement with private sector in development

2015-04
CPDE, ITUC-TUDCN, EURODAD:
84
English

Abstract

"The role of the private sector in development is currently one of the most debated issues in international cooperation. It is inscribed in a wider context where financial resources for official development assistance (ODA) are shrinking, development cooperation is evolving beyond the traditional “aid” concept, and the actors/entities that can be key players in development are growing. Under this context, the question that needs to be answered is: How can business – in particular multinational enterprises (MNEs) – really contribute to development in the countries where they operate? This study goes in this direction, highlighting existing business accountability mechanisms in general on one hand, and putting forward specific criteria to grant effectiveness of private sector initiatives in development on the other hand"

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