Fraser, Fraser Dugan2018-07-022018-07-021994https://hdl.handle.net/10539/24688A research report submitted in partial fulfilment of the requirements for a Master of Arts degree in the Faculty of Arts, University of the Witwatersrand, Johannesburg.This report is an exploratory discussion of the prospects for private sector investment in development initiatives. Based on a set of structured and unstructured interviews, a press review and a survey of the relevant literature, the report paints to a growth in the areas of commonality between the worlds of investment and development, in that there is increasing recogniticm of the need to direct resources to South Africa's poor at the same time as market forces are starting to play an enlarged role in development. The report argues however, that the social context in which investors are 'embedded' is very different from that of development practitioners, leading to a situation in which development projects are seen as risky investments. The difficulty experienced by private investors in understanding the world of development is identified by the report as the single largest obstacle to private sector investment in development. The report draws the conclusion that mediating institutions are required to structure relationships between development agents and investors.enInvestments -- South Africa.Reconstruction -- South Africa.South Africa -- Economic policy.Thesis