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Within Britain, manufacturing's fortunes have stood in stark contrast with those of the services sector, creating the "two-speed" economy.
The Ethiopian National Youth Policy prioritises entrepreneurship to improve young people's prospects and expand the private sector, creating more employment.
For instance, a number of governments have introduced market incentives within the public sector, creating an "internal market" where public organizations compete with each other.
Neil Carberry, the CBI's director for employment, said: "It is good news that unemployment figures have fallen, with the private sector creating jobs.
Deprivation among working age adults rose in the 12 months to 2012 by 2% despite the private sector creating hundreds of thousands of jobs.
"I've spent my career in the private sector creating jobs," she said, characterizing Mr. Brown's 40-year political career as "a trail of failed experiments, big-government spending and higher taxes".
Similar(36)
Meanwhile the web of restrictions around the private sector creates scope for graft.
Over the last 30 months, we've seen 5 million jobs in the private sector created.
The private sector created just 41,000 jobs in May, a dismal performance.
The private sector creates wealth, and offers both efficiency and scale.
By contrast, the private sector created 41,000 positions, far short of expectations for 150,000 to 180,000 jobs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com