The Business Case for Development
From the Initiative for Global Development
Business imperatives are driving companies to make strategic, sustainable investments in frontier markets that enhance the human, social, and economic capital of communities where they operate. Companies increasingly recognize the contribution of these activities to their long-term, strategic growth, whether focused on supply chain management, workforce development, or product innovation, distribution, and access. These strategies are stimulated by a company’s fundamental business needs: achieving growth, increasing efficiency, and enhancing the operating environment.
Donors can increase their effectiveness and extend their resources by identifying how to leverage wellaligned corporate strategies. By engaging companies throughout the lifespan of a project and using development finance and other tools to buy down the additional risk often associated with engaging in development, donors can tip the balance to induce more business investment with greater development impact. This is increasingly important in an era of scarce budget resources.
Read the report here.