"The goal is to let the private sector process work, with some monitoring, " says Duckworth.
Government spending actually hurts in two ways: it reduces savings (which are a proxy for investment) and it crowds out private sector spending in the process.
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Their private sector is involved in the rebuilding process in Afghanistan.
We're going to make it easier for the private sector to work with us to support the Army's Renewable Energy Program, by reducing private sector risk and streamlining the approval process.
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Financial backing has not yet been secured, but DLR Ltd is in the process of selecting a private sector "concessionaire", which would pay the immediate infrastructure costs.
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We have, through the programs that we set up here, have probably seen several million home modifications either directly because we had control of the loan process, or because the private sector followed suit.
Modernization requires a deeper process through which the government equips the private sector with the tools necessary to drive economic growth and innovation into the future.
Once a decision is made on the model, a tendering process would get underway to choose a private sector operator to run the airport on a day-to-day basis.
But the process of returning ownership of banks to the private sector has begun.
These efforts include gaining commitments from private-sector participants to automate and standardize the clearing and settlement process, encouraging improved netting and cash settlement arrangements, and supporting the development of a central counterparty for credit default swaps.
Clearly, if we are to succeed, the process must engage all stakeholders - donors, the private sector, civil society organisations, governments, and especially those in the developing world itself.
As with other loans under this new facility, the Kenyan loan was approved only after a consultation process led by the Kenyan government with extensive participation by the private sector and non-governmental and community-based organisations.
Commission officials have said they expect the industry to develop technology that will streamline the process of obtaining parental consent and have promised to work with the private sector to make sure those tools comply with Coppa.
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