I. Introduction II. The Importance of the Private Sector in Third World Development III. Nature of the Challenge to the Development of Market Economies in LDCs IV. A.I.D. Policy to Meet the Challenge V. Specific Components of the A.I.D. Policy VI. The Responsibilities of Missions and Regional Bureaus ANNEX A Wednesday, 11-Jul-2001 16:54:12 EDT

The principal responsibility within A.I.D. to carry out the private enterprise policy rests with the A.I.D. field missions and their respective regional bureaus. As noted above, the promotion of competitive markets an private enterprise in LDCs is not a sector or an add-on to the project. Rather, it is a fundamental objective of A.I.D.'s assistance to LDCS. It is firmly based in both economic theory and successful development experience.