Never before has the private sector's level of engagement played such a decisive role in the security and prosperity of a country. Many less developed countries (LDC) are slowly beginning to invest in vibrant private sectors to ensure better standards of living, employment opportunities, and foster economic development. At the governance level, there is a strong emphasis on developing robust commercial, financial, and physical infrastructure as incentives business and start-ups. A strong private sector can work to stifle corruption and reduce red tape and cronyism within government, which have shown to destroy the socio-economic fabric of a society.

CIGI’s work in this area examined government interventions in LDCs and their effectiveness in improving the business investment climates while lifting legal and bureaucratic constraints that hinder local and foreign direct investment (FDI). Researchers identifyied factors that nurture a vibrant investor climate and obstacles that detract private sector involvement and future development in LDCs.