This book explores what is a new and controversial policy of relying on private actors rather than on government organizations to foster economic growth and development. It analyzes the historical, social, cultural, and economic obstacles to the development of private enterprise in Africa.
1. Introduction: The Case for African Private Enterprise Part 1: Overview of the Conference 2. Round Table 1: Private Enterprise in the Development Process 3. Round Table 2: Small and Medium-Sized Businesses as a Vehicle for Growth 4. Round Table 3: Strategies for the Expansion of Markets and Trade Part 2: Selected Conference Materials 5. Opening Address 6. Plenary Session Address 7. Private Initiative in Africa: A Problem of Clarity 8. Foreign Debts and African Economies with Special Reference to West Africa 9. Bridging the Financial Gap: The Creative Use of Venture Capital in Africa 10. The Local Private Sector and Socialism in Algeria 11. State and Structural Influences on Private Initiative: An East Asian Case 12. Market and State in Development Analysis: Beyond Normative Quarrels 13. The Role of Multinational Enterprises in the Promotion of Private Initiative in the Ivory Coast 14. Private Initiative and Development Strategies in Africa