Private Enterprise Development in Low Income Countries (PEDL) To improve economic policy-making in Low Income Countries (LICs) by providing policy-makers with a body of high-quality evidence about private enterprise development. (There is currently little good-quality evidence on this theme which is relevant to LICs.)  Policies based on this evidence are expected to improve the business environment for private enterprise, leading to the emergence of more and larger firms, thus creating more and better jobs.