B.E. Assessment

Review of donor-funded environment initiatives for PSD in the Caribbean, DFID, 2002

    This Review maps 80 donor initiatives for strengthening the enabling environment for private sector development in the Caribbean, and considers their effectiveness and efficiency. It considers donor initiatives that are regional/sub-regional in scope; and donor initiatives undertaken at a national level - using Dominica and Granada (both in the Windward Islands), Guyana and Jamaica as case studies.

    "Enabling environment" in this context is taken as factors needed for the development of a well-functioning private business sector. These range from "hard" infrastructure - such as ports and roads, to "soft" infrastructure such as laws and regulations. The Review focuses on those issues identified during our research as the key constraints to private sector development in the Caribbean.

    The Review covers initiatives that affect the private sector - which is broadly taken to mean business activity, or activity undertaken for profit. This includes business activity in the informal sector. The vast majority of all enterprises in the Caribbean are, by global standards, small and medium-sized enterprises (SMEs) - defined as encompassing:

    1) micro enterprises (up to 10 employees, total assets of up to US$100,000 and annual sales of up to US$100,000)
    2) small enterprises (up to 50 employees, assets of up to US$3 million, and annual sales of up to US$3 million)
    3) medium-sized enterprises (up to 300 employees, total assets of up to US$15 million and annual sales of up to US$ 15 million)

    The Review has a particular focus on factors that constrain the development of businesses at the lower end of this scale.

    Associated Activities and Documents
    Synthesis documents
    »Donor experiences in supporting reforms in the business environment, White and Chacaltana/Donor Committee, 2002