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Maximizing Development of Local Content across Industry Sectors in Emerging Markets

How Private-Sector Self-Interest Can Help U.S. Development Policy

Michael Levett and Ashley E. Chandler

While the promise is still far greater than the reality, strategies and programs built on the positive impact on development from private-sector initiatives in frontier and emerging markets are gaining acceptance and driving change in corporate boardrooms and NGO projects. This report examines why and how the private sector, nongovernmental development actors, and the U.S. government, particularly USAID, can employ policies and practices to expand local content in order to drive economic development and create economic opportunities. The authors highlight the development benefits of a local-content strategy while recognizing the commercial benefits of such a strategy accruing to large participating companies. They use case studies from three very different business sectors—extraction (oil and gas), tourism, and agriculture—to identify existing successes and challenges. And finally they provide recommendations for those businesses and government agencies as well as host governments working on local-content development. « less more »
Rowman & Littlefield Publishers / Center for Strategic & International Studies
Pages: 40Size: 8 1/2 x 11
978-0-89206-711-4 • Paperback • May 2012 • $32.00 • (£22.95) - Currently out of stock. Copies will arrive soon.
Series: CSIS Reports
Michael Levett is senior director and vice chair of CDC Development Solutions. Ashley E. Chandler is manager of the Global Ambassadors Program at the Vital Voices Global Partnership.