Tools for Mending Weak and Fractured Value Chains (Event Resources)
Curtis Hundley of DAI shares practical activities that can sustainably ignite private sector development where inter-firm trust is missing, business relationships are fragile, and commercial excess and market linkages are minimal. In 2005, Cambodian supply chains were fractured, production was uncompetitive, and technical assistance was unavailable. In addition, most government officers played an unhelpful role in economic development through predatory enforcement of poorly written laws and regulations.
During the past six years, through fun, enjoyable, and educational activities, Cambodian firms have learned to compete regionally through increased production and better quality, and are developing strong business relationships across value chains. The government now seeks advice from private firms before promulgating laws and listens to concerns about enforcement. By sticking to principles, yet being pragmatic, the MSME Project assists in transforming business culture in rural Cambodia.
- Market Facilitation