Business and Development – our view

In spite of a number of positive trends in the development process, the situation cannot be described as satisfactory as some countries continue to be confronted with great problems. According to the Annual Report 2006 of the UNDP, the poorest 40 % of the world population – 2.5 billion people – still live on less than 2 US$ a day. The fight against poverty is thus a priority for world politics. Development policy of developed countries and the private sector must contribute a vital part in this endeavour.

In correspondence to the changing general global conditions, a shift in the requirements for development cooperation can be identified. The private sector has become the driving force for development in an ever increasing number of developing countries.
Consequently, the private sector can visible contribute to the reduction of poverty in countries, where the state has already created favourable conditions for investment and business.
The concept of AABD is designed around this idea. In this context, certain goal congruence is assumed with respect to the aim of poverty reduction on the one hand and the business goals of the private sector on the other hand.

“Business and Development“ cannot be regarded as a new trend in development policy. “Business and Development“ will be the driving force in the future for achieving sustainable development goals. Without successful businesses, being the basis for a prospering economy in developing countries, independent and sustainable development will never be possible.