scholarly journals Zambia

2019 ◽  
Vol 19 (263) ◽  
Author(s):  
Keyword(s):  
Private Sector ◽  
Development Strategy ◽  
Public Investment ◽  
Scale Up ◽  
Fiscal Deficits ◽  
Borrowing Costs ◽  
Debt Burden ◽  
Capital Spending

Zambia’s development strategy has targeted a rapid scale-up of public investment to address infrastructure needs. This has resulted in large fiscal deficits, financed by nonconcessional debt and the accumulation of domestic arrears, adversely impacting the private sector. Recent efforts to adjust the fiscal stance have delivered some improvement in revenues, but deficits have continued to rise following faster-than-budgeted execution of foreign-financed capital spending. With the anticipated growth dividend yet to materialize, the debt burden has risen sharply, resulting in currency weakness and rising local borrowing costs that have further pushed up the interest bill. Reserve coverage has fallen to 1.7 months of imports.

scholarly journals Impact of National Economic Empowerment and Development Strategy (NEEDS) on the Private Sector: A Case Study of Power Sector

2014 ◽  
Vol 4 (3) ◽  
pp. 144
Author(s):  
Modinat Olaitan Olusoji ◽  
Olusegun O. Oloba
Keyword(s):  
Private Sector ◽  
Development Strategy ◽  
Power Supply ◽  
Policy Formulation ◽  
Economic Empowerment ◽  
Power Sector ◽  
Role Of Government ◽  
National Economic ◽  
The Impact

The paper examines the impact of the National Economic Empowerment and Development Strategy (NEEDS) on the private sector by looking at the contribution the power sector had made in realizing the goal of making private enterprise the engine of growth in Nigeria. NEEDS reform is to  transform the power sector into one led by the private sector, with the role of government  restricted primarily in policy formulation and establishment of an appropriate legal and regulatory framework.  The paper discusses among many things: an overview of power supply in Nigeria; the effect of power sector on private sectors; challenges of the sector; as well as the ways forward. The paper concludes that there is   need to put concerted effort to generate adequate power supply to enable the private sector thrives and serves as engine of growth in Nigeria.

scholarly journals Strengthening public COVID-19 response with private facilities in Kisumu, Kenya

2021 ◽  
Author(s):  
Shannen van Duijn ◽  
Hellen C. Barsosio ◽  
Mevis Omollo ◽  
Emmanuel Milimo ◽  
Isdorah A. Odero ◽  
...  
Keyword(s):  
Private Sector ◽  
Healthcare Workers ◽  
Scale Up ◽  
Public Private Partnership ◽  
Healthcare Sector ◽  
List Type ◽  
Private Partnership ◽  
Healthcare Facilities ◽  
New Findings ◽  
The Way

AbstractINTRODUCTIONSARS-CoV-2 testing is one of the options to combat COVID-19 in Kenya. In the first COVID-19 year there was limited tapping of the private sector’s potential to scale up testing in Kenya. In April 2020, we initiated a unique public-private partnership (PPP) project in Kisumu County connecting the private sector to centralized testing supported by the ministry of health (MoH), ‘COVID-Dx’, to accelerate the local response to COVID-19. Within COVID-Dx, we aimed to demonstrate this PPP’s performance as a replicable model for effective public-private collaboration in responding to the COVID-19 pandemic in similar settings.METHODSKEMRI, Department of Health Kisumu County, PharmAccess Foundation, and local faith-based and private healthcare facilities collaborated in COVID-Dx. COVID-Dx was implemented from June 01, 2020, to March 31, 2021, in Kisumu County, Kenya. Trained laboratory technologists in participating healthcare facilities collected nasopharyngeal and oropharyngeal samples from patients meeting the MoH COVID-19 case definition. Samples were tested at the central laboratory in KEMRI via SARS-CoV-2 RT-PCR. Healthcare workers in participating facilities collected data using the digitized MoH COVID-19 Case Identification Form. We shared aggregated results from these data via (semi-) live dashboard to all relevant stakeholders. We did descriptive statistical analyses using Stata 16 to inform project processes.RESULTSNine facilities participated in the project. A total of 4,324 PCR tests for SARS-CoV-2 were done, with 425 positives. We noted differences in positivity rates between the facilities. Healthcare workers were the largest group tested in the project, 1009, representing 43% of the Kisumu healthcare workforce.CONCLUSIONCOVID-Dx can serve as a model for PPPs scale-up testing, especially LMICs, and digitizing the MoH case report form improved reporting efficiency, demonstrating that digital is the way forward. The COVID-Dx PPP has led to another collaboration with Kisumu County aimed towards extending the COVID-Dx model to other counties.SUMMARY BOXWhat is already known?In sub-Saharan Africa, COVID-19 responses are mainly rolled out through the public healthcare sector, even though the private sector plays a significant role in health service deliveryThe challenge is to combine private and public efforts in healthcare delivery in a mutually supportive and collaborative manner, especially during large outbreaks such as COVID-19.What are the new findings?The development of a public-private partnership (COVID-Dx) at the start of a global pandemic - COVID-19 – is challenging, but PPPs are essential for epidemic preparedness.The development of a digital app with a corresponding dashboard, ensures transparency and efficiency. It has shown to enable data-driven decision-making and provides insight into how to prioritize funding streams.What do the new findings imply?This PPP model is replicable and can serve as an example of PPPs for epidemic preparedness in similar settings in LMICs.Digital is the way going forward when combatting large outbreaks in the future, especially in LMICs

scholarly journals HIGHER EDUCATION DEVELOPMENT IN CONFLICT CONDITIONS: EVOLUTION FROM KNOWLEDGE SOCIETY TO UNDERSTANDING SOCIETY

2020 ◽  
pp. 32-45 ◽  
Author(s):  
Serhii Terepyshchyi ◽  
Glib Khomenko
Keyword(s):  
Higher Education ◽  
Development Strategy ◽  
Social Trust ◽  
Public Investment ◽  
Knowledge Society ◽  
Negative Consequences ◽  
Education Development ◽  
Higher Education Development ◽  
State Institutions ◽  
General Terms

Peacebuilding in society is impossible without generating and implementing an effective higher education development strategy. Education representing the ideological and value principles of humanism, democracy, tolerance, dialogue is a powerful tool in the consolidation of a conflict society, its gradual transformation into a society of understanding. In this regard, the role of the teacher in peacebuilding cannot be overestimated. Unfortunately, most politicians prefer to finance short-term projects where certain material benefit can be obtained in a minimum period of time. This is probably one of the major strategic mistakes that can cause extremely negative consequences. In general terms, peace can be compared with a kind of humanitarian deposit that is long-term oriented. Its main dividend is the stable development of a society in which the confidence of individual citizens in each other acts as a metaphorical interest rate. That is, the greater the social trust within society, the greater the likelihood that war will not affect the territorial integrity of a particular state. The level of trust implies the support of state institutions of power from the side of ordinary citizens, as well as interpersonal trust in matters of religion, ethnic and valuebased differences. Universities should increase the level of trust within society, thus advocating as a means of conflict prevention acording to optimistic scenario or social rehabilitation acording to pesimictic scenario. However, public investment in its development should be steadily increased beside grant financial infusions.

The State, Private Sector Development, and Ghana's “Golden Age of Business”

2006 ◽  
Vol 49 (1) ◽  
pp. 31-50 ◽  
Author(s):  
Peter Arthur
Keyword(s):  
Economic Development ◽  
Private Sector ◽  
Development Strategy ◽  
Golden Age ◽  
Structural Adjustment ◽  
Investment Climate ◽  
Private Sector Development ◽  
Effective Implementation ◽  
Adjustment Program ◽  
The Government

Abstract:The promotion of the private sector has become an integral part of Ghana's economic development strategy since it embarked on its structural adjustment program (SAP) in 1983. Private sector development, which involves the improvement of the investment climate and the enhancing of basic service delivery, is considered one of the necessary factors for sustaining and expanding businesses, stimulating economic growth, and reducing poverty. This article examines the policies of Ghana's New Patriotic Party (NPP) government and its strategies for making the private sector the bedrock of economic development and for achieving what it calls the “Golden Age of Business.” It argues that while the policies and initiatives being pursued have the potential to help in the development of the private sector in Ghana, the government has to play a more central role in this process, not only by creating the enabling environment for private businesses, but also by providing business with support and protection. While the “Golden Age of Business” is a neoliberal concept, its effective implementation requires a robust statist input.

Leadership development strategy: the missing links

2018 ◽  
Vol 32 (1) ◽  
pp. 11-14 ◽  
Author(s):  
Shilpa Kabra Maheshwari ◽  
Jaya Yadav
Keyword(s):  
Leadership Development ◽  
Development Strategy ◽  
Scale Up ◽  
Competitive Growth ◽  
Development Programs ◽  
Leadership Development Programs ◽  
Content Type ◽  
The Individual ◽  
Business Complexity ◽  
Practical Implications

Purpose Current volatile environments, business complexity, and leadership gaps are compelling organizations to deploy effective leadership development strategies. Fueled by competitive growth and people challenges, efforts continue to scale up but fail to create the desired leaders. This paper aims to address the missing links and calls for new ways of deploying leadership development strategy. Design/methodology/approach Qualitative data on experiential feedback have been collected from participants and stakeholders of leadership development programs in Indian organizations. Findings An integrated six-step approach to leadership development has been proposed for scholars and practitioners. Practical implications From the practitioner’s perspective, this study contributes to the field of leadership development by challenging the relevance of current approaches. It also adds to the scholarly literature on leadership development in the context of the organization and the individual. Originality/value Current studies in the area of leadership development in the Indian context are scarce.

Entrepreneurship, Innovation, and Economic Development: An Indian Experience

2020 ◽  
Vol 47 (3) ◽  
pp. 279-292
Author(s):  
M. Srikanth ◽  
G. Narendra Kumar ◽  
W. R. Reddy
Keyword(s):  
Economic Development ◽  
Private Sector ◽  
Scale Up ◽  
Policy Support ◽  
Policy Framework ◽  
Level Of Economic Development ◽  
The Government ◽  
Entrepreneurial Activities ◽  
Developed Nations ◽  
Innovative Culture

Entrepreneurship and innovation are considered as key drivers for economic development. In this study, we made an attempt to answer the question as to what should be the policy framework to encourage entrepreneurship and foster innovative culture in India to achieve the desired level of economic development. Entrepreneurship is built upon pillars such as institutional and policy support, availability of capital and entrepreneurial culture. In an emerging economy like India, the government should institutionalise innovation and entrepreneurship and promote commercialisation of brilliant ideas by emulating the startup ecosystems in the developed nations. Besides the government, large and well-established companies in private sector and research institutes should nurture startups by extending hand-holding support and generous funding. If India wishes to be a leader in innovation, it needs to scale up its gross expenditure on R&D, that is, on par with the advanced economies by engaging more researchers, especially in the private sector. Our article has important implications for policymakers and all key stakeholders, as it can help in identifying and implementing the appropriate measures to eliminate the obstacles that entrepreneurs face and channels to support innovative entrepreneurial activities in India.

Clientelism and development: Vote-buying meets patronage

2021 ◽  
pp. 095162982110615
Author(s):  
Vladimir Shchukin ◽  
Cemal Eren Arbatli
Keyword(s):  
Private Sector ◽  
Political Competition ◽  
Public Investment ◽  
Vote Buying ◽  
The Public ◽  
Political Machines ◽  
Electoral Support ◽  
Patronage Politics ◽  
Equilibrium Amount ◽  
State Investment

Offering employment in the public sector in exchange for electoral support (patronage politics) and vote-buying are clientelistic practices frequently used by political machines. In the literature, these practices are typically studied in isolation. In this paper, we study how the interaction between these two practices (as opposed to having just one tool) affects economic development. We present a theoretical model of political competition, where, before the election, the incumbent chooses the level of state investment that can improve productivity in the private sector. This decision affects the income levels of employees in the private sector, and, thereby, the costs and effectiveness of vote-buying and patronage. We show that when the politician can use both clientelistic instruments simultaneously, his opportunity cost for clientelism in terms of foregone future taxes declines. As a result, the equilibrium amount of public investment is typically lower when both tools are available than otherwise.

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