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By Manuel Ayulo, Master’s Candidate of the Democracy and Governance Program at Georgetown University.
Why the Corporate Sector?
Corporate investment in global development activities has steadily increased for over a decade. According to a study in 2014, most development experts expect corporate global development to triple by 2025 while bilateral aid shrinks by 30 percent.[i] Given these market trends, it is not surprising that development agencies like USAID increasingly consider private sector engagement and investment as cornerstones of their development strategies.