Transcription of PUBLIC-PRIVATE SECTOR RELATIONSHIPS IN DEVELOPING …
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JOURNAL OF ECONOMIC DEVELOPMENT 1 Volume 28, Number 2, December 2003 PUBLIC-PRIVATE SECTOR RELATIONSHIPS IN DEVELOPING countries MARTIN J. STAAB Georgetown University This paper refutes the conventional wisdom, bolstered in the wake of the Asian financial crisis that governments should not become too friendly with the private SECTOR but, instead, should remain neutral and at arms-length distance. The empirical findings presented here indicate that countries in which governments have forged close and cooperative working RELATIONSHIPS with the private SECTOR have had much greater economic success.
PUBLIC-PRIVATE SECTOR RELATIONSHIPS IN DEVELOPING COUNTRIES 3 3. THE BUSINESS-FRIENDLY INDEX The B-F Index is composed of four subcomponents.
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PUBLIC AND PRIVATE SECTOR EFFICIENCY, Private Sector, Bureau of Labor Statistics, Sector, Private-sector, Property Rights Protection and Private Sector Development, State Employee Compensation Compared to the Private Sector, 1: Private Security Sector Minimum wages, 3: Private Security Sector Minimum wages, PRIVATE SECTOR PHARMACEUTICAL SUPPLY AND DISTRIBUTION