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Cover Finance & Development
Economic development and the private sector: Market factors in large industrial development projects - Whether in the public or private sector, such projects must meet the strict financial criteria of the Bank
Chauncey F. Dewey and Harinder S. Kohli

Large industrial projects in developing countries, whether publicly or privately owned, should be both economically and financially viable and subject to market discipline.

Keywords:
FD; F&D; country; exchange rate; government; developing country; IDA operations; bank financing; government involvement; bank appraisal report; Agroindustries; Project loans; Public sector; Asia and Pacific