Fostering sustainable small‐scale investments: lessons from experience and ideas for intervention and innovation

Russell J. DeLucia

Natural Resources Forum, 2000, vol. 24, issue 4, 325-335

Abstract: This article presents lessons from experience pertinent to implementing small‐scale natural resource and related investment projects in developing countries. It outlines ideas for intervention and innovation to foster such investments. Particular emphasis is placed on private‐sector participation in these investments. Following a brief presentation of the economic development and other arguments that support intervention and innovation in support of such small‐scale natural resource investments, the article discusses many of the lessons learned from experience. These lessons reinforce those touched upon in the investment‐specific discussions in the previous articles. The experience and associated lessons that are examined include experiences in both developing and developed countries and encompass not just lessons from natural resource investments, but also small‐scale investments in other sectors. Financing and other innovations which facilitate meeting the challenges are drawn from relevant experience where barriers to investment have been surmounted. Options for programme and project interventions to increase market penetration of small‐scale investments and achieve the associated development linkages and synergies are suggested. These suggestions are aimed especially at governments and bilateral and multilateral development finance and development assistance entities. It is those players who might support such interventions in collaboration with local financial institutions and other market players.

Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/j.1477-8947.2000.tb00956.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:natres:v:24:y:2000:i:4:p:325-335

Access Statistics for this article

More articles in Natural Resources Forum from Blackwell Publishing
Bibliographic data for series maintained by Wiley Content Delivery ().