Private Sector Development Outcomes

The public sector is increasingly unable to cover the development and investment needs that will be required to improve conditions for the over 3 billion people living in poverty worldwide or to achieve the UN’s Sustainable Development Goals. In some cases, governments have also shown themselves to be unwilling to shoulder these burdens alone. As a result, we have seen an increasing role and participation of the private sector in addressing many of the world’s greatest challenges, from climate change, to education, to health. Development practitioners have many of the skills needed to effect these changes. They also have a deep understanding of the underlying social, historical and structural issues that contribute to pervasive inequality, poverty and inefficiency. However, these practitioners often lack the language, tools and methods that are most effective for collaborating with the private sector. As more development practitioners will be called upon to work in the private sector, design public/private partnerships and offer advisory services to the private sector, they will need to be armed with the appropriate tools and language. This course seeks to provide these tools in the context of a broader and deeper debate about the role of the private sector, its responsibilities and tensions as it moves into the development space.