Economic and Financial Review


Central Bank of Nigeria


Private Business, Developing Countries


The paper is divided into five sections as follows: Background. Growth prospects, Prospects for the Private sector in Developing countries. Privatisation, and Foreign Direct Investment. The background section appraised some of the economic policies pursued and developments in developing countries in the last 2 decades. The section emphasised the existence of interdependence of the effect of economic policies and conditions of the developed and developing countries. For instance, the author stressed that the recent slow-down of growth in IJie developing countries has been one of the factors holding back the growth of output in the OECD countries.

Author Bio

The author is a Senior Economist in the Research Department, Central Bank of Nigeria

Publication Title

CBN Economic and Financial Review





Recommended Citation

Ajayi, M. (1989). Private Business in Developing Countries: Improved Prospects by Guy P. Pfeffermann. CBN Economic and Financial Review. 27(2), 81-82.



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