This paper highlights the importance of creating good-quality economic opportunities in middle income countries. It makes the case that harnessing the opportunities of frontier and emerging technologies is a pivotal investment opportunity. It also argues that digital transformation strategies should not be separate from job creation strategies, calling for a whole-of-government approach in collaboration with social partners. The paper concludes by providing examples of where innovative use of technology has led to good job creation in middle-income countries.
This paper marks the concluding milestone of the Global Future Council on Job Creation, building on its previous briefing paper, Key Issues Shaping and Driving Global Job Creation.
South Africa’s bold initiative amplifies township entrepreneurs' contributions, driving inclusive growth and showcasing peri-urban innovation on the world stage.
Launching a coalition to shape sustainable procurement practices and close the $1.1 trillion funding gap for social enterprises.
In December, join our flagship regional event to explore strategic regional approaches to support SGBs, impact investing, and innovative financing solutions.
Kate Cochran to Step Down as CEO and seasoned Shruti Goel and AB Chakravarthy steped in to co-lead the organization.
Small and Growing Businesses (SGBs) are crucial for economic growth but often lack access to financing. Discover how Business Development Services (BDS) equip these enterprises with the tools and knowledge they need to thrive, fueling sustainable development and creating jobs.
"This paper contributes to VC network literature in providing a unique network structure and network metrics of venture capital in SEA. In managerial contribution, this study provides more structural VC cooperation towards VC syndication networks. This benefits to venture capital firms who are looking for potential partners in Southeast Asian region and start-up companies who are looking for funding with high-networked or influencial VCs. The results also confirm previous evidence of significance on VC networks in emerging market, even if the institution and regulation are claimed to fall behind that in the developed market. This research introduces the fact that the venture capital network in Southeast Asia has small-world pattern and Singapore acts as a hub of venture capital market in the region."
"The Report on the Treatment of MSME Insolvency arises out of a panel presentation that took place during the 2015 meeting of the World Bank Group’s Insolvency and Creditor/Debtor Regimes Task Force (the ICR Task Force) and subsequent discussion among Task Force members in 2016. Following the discussion in 2015, the ICR Task Force resolved to prepare a report on the challenges, needs, and responses to MSME insolvency. As always, in light of the ICR Task Force mandate, the objective of this work is to inform the World Bank Group’s role as joint standard setter (together with the United Nations Commission on International Trade Law) in the area of insolvency and creditor/debtor rights."
"There is growing evidence that the growth of small and growing businesses (SGBs) can be spurred by business development services (BDS). But how BDS is provided is critical to its success. Five fundamental considerations, acronymized as SCALE, have emerged that drive effectiveness. This report shows that even quite simple changes of approach can yield significant benefits to entrepreneurial growth. Together with an accompanying toolkit, it offers both BDS providers and funders guidance on how to implement dimensions of SCALE, proven to increase effectiveness, and as a result, boost SGBs revenues and job creation."