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Economic Development

The balance of world economic power is changing. Growth in the emerging economies is beginning to slow while developed markets are seeking to reassert their global economic influence. Driving this shift are multinational companies with the size and influence to shape economic landscapes worldwide.

On behalf of government and public bodies, we work with businesses to develop their presence at national and global levels. By bringing together teams with the right expertise, we enable sustainable economic development and provide countries and businesses the support they need to seize new and evolving global opportunities.

Services

Over 50 countries are significantly dependent on extractive industries, and their governments face the challenge of transforming mineral assets into wider sustainable economic and social development. Too often, without the appropriate economic policy, institutional capacity, infrastructure and skills development, countries face falling victim to the ‘resource curse’. The many potential impacts of oil, gas and mining projects need to be fully understood to help inform effective policy decision-making and to sustain the business licence to operate.

dkompany focuses on applying high quality, objective, multi-disciplinary analysis to natural resources extraction, as well as fostering the development of stakeholder partnerships.

The link between financial sector deepening and pro-poor growth is now widely accepted. Translating concepts such as ‘finance for growth’ into meaningful action, however, remains a challenge. Financial inclusion and financial access policies need to account for local contexts, institutions and financial sector capacity. To be effective, innovative branchless banking models and rural financial services schemes need to be transparent and trusted by the customer.

dkompany supports broad-based financial reforms in developing and transition countries, at a sectoral and institutional level, with an increasing focus on financial services for poor households and MSMEs.

The strong positive link between infrastructure investment and the rate of economic growth is empirically well-established. The contribution of infrastructure investment to making growth patterns more pro-poor is also increasingly well understood.

dkompany understands how infrastructure investment impacts on poverty and growth, and applies political economy analysis across the economic cycle from research to evaluation

Macroeconomic policy lies at the core of long term development success. Governments need the ability to effectively analyse and choose between alternative policy options - not only in setting an economic strategy but in ensuring it remains on track.

From estimating the fiscal space under different economic scenarios to developing macroeconomic forecasting models, dkompany provides a comprehensive range of services.

A number of factors can interact to prevent access to markets and limit the potential development benefits of the private sector. In many low- and middle-income countries poor market access is also compounded by a shortage of skills and capacity, driving up recruitment costs and increasing reliance on imported expertise. Private sector development strategies need to be underpinned by an in-depth understanding of local business landscape and culture and rigorous analysis of potential impacts.

dkompany develops, implements and reviews private sector development strategies, including analyzing market and poverty linkages, and developing MSMEs.

The term 'regional development' covers a wide range of topics from supporting the economic development of poorer sub-regions within a country to decentralisation programmes that establish stronger local and regional institutions. In some cases, the goal is to overcome disparities in wealth, resources or public service distribution, in others, the challenge is about reducing barriers to growth within a particular region.

dkompany works with multiple regional partners to strengthen sub-national governance by offering services that ranges from designing regional and local economic development strategies through to monitoring decentralised PRSPs.

Engagements

 

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