This brief essay makes three related points. First, today’s financial crisis is still at an early stage in terms of triggering a response from regulators. Comparisons with earlier bouts of instability are premature and potentially misleading. I make this point with a brief sketch of the U.S. banking crisis in the 1980s, in which regulators faced clear incentives for international cooperation. Such incentives have not yet emerged for the present financial crisis. Second, the existing internatio more...
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Voices of Women Entrepreneurs in Tanzania is an advocacy tool, based on a series of interviews with women business owners across the country.
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'Limited access to finance and a lack of business skills emerge as key findings in a report on women-owned businesses in five Middle Eastern countries that is being issued jointly by IFC and the Center of Arab Women for Training and Research, an independent regional institution based in Tunis.
Through surveys of more than 1,200 women in Bahrain, Jordan, Lebanon, Tunisia, and the United Arab Emirates, the report identifies the key contributions that women-owned businesses make to economic gr more...
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'This publication is an example of IFC's ongoing commitment to sharing knowledge and good practices, and to partnering with key global players to address challenges and identify opportunities for linkages in developing countries.
Jointly published by IFC, Harvard University's Corporate Social Responsibility Initiative, and the International Business Leaders Forum, the report explores the practice of business linkages between large firms and small and medium enterprises in developing countrie more...
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'A report released recently in Cambodia shows that training in management skills can significantly improve garment supervisors’ practices and factory performance in the country's leading industry.
The report, A Stitch in Time, presents evaluation results from a four-day supervisory skills training pilot program, conducted jointly by IFC's Mekong Private Sector Development Facility and Gap Inc., the clothing retail giant. The program was conducted for 650 supervisors who manage nearly 20,000 more...
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'The recently introduced concept of the Base of the Pyramid (BOP) asserts that poor people can be integrated with national and global markets, both as consumers of high quality goods and services and as producers of reliable inputs to industrial processes and value chains. This bulletin examines the BOP concept, provides examples of how it is already being applied in Viet Nam, and discusses how it can become more effective.'
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'This report shows how entrepreneurs can serve the poor as clients and customers, and can also include the poor as producers, employees and business owners. It gives many examples of firms that - by doing business with the poor - are generating profits, creating new growth potential and improving poor people’s lives.
The report draws on 50 specially commissioned case studies of businesses that have successfully included the poor, despite the constraints, and created value for all.'
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