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Jobs & Economic Growth

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"Conventional wisdom holds that women are less likely than men to start and lead  businesses. This trend, however, may be changing. Since 2020, the Visa Economic Empowerment Institute (VEEI) has surveyed small businesses around the world. Our findings suggest that firms born in the past two years are more likely than older firms to be headed by women. They are also more likely than pre-pandemic firms to be led by minority women. And once they start to export, they sell to a larger and more diverse set of markets. These women-led firms are also adopting digital technologies at about the same rate as those led by men. What factors predict success? The newly established women-led firms that weathered the initial impacts of COVID-19 better than other businesses share three characteristics: 1) they are more likely to use digital payments; 2) they are more likely to sell on global marketplaces that enable them to scale their sales and diversify their markets; and 3) they are more likely to export. This paper sets out recommendations for policymakers and the business community to better encourage and support the development of women-led firms by: 1) providing access to digital opportunities; 2) fostering digital skills; and 3) promoting a safe environment in which women-led firms can operate."

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"Este reporte captura los hallazgos de seis laboratorios de aprendizaje encaminados a formas prácticas de medición  de trabajo decente y calidad laboral  en pequeñas y medianas empresas, facilitados por The Good Economy.

Los laboratorios de aprendizaje enfatizan la importancia de soluciones de medición prácticas y de claridad conceptual al medir el trabajo decente. Este reporte busca proveer un panorama general de los contenidos discutidos, recursos útiles y mejores prácticas compartidas durante cada laboratorio."

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"This knowledge brief captures key takeaways from six learning lab meetings about practical ways to measure decent work and job quality in the small and growing business (SGB) sector, facilitated by The Good Economy.

The learning lab emphasized the importance of practical measurement solutions and conceptual clarity when measuring decent work. This report seeks to provide an overview of the content discussed, useful resources, and global best practices shared during each of the learning lab meetings."

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"This assessment was conducted by a mixed international-local team with youth participation, and is the first of a series of labor market assessments to be conducted under the Workforce Connections project. The methodology builds on standard approaches to understanding labor markets used in the past by USAID, other donors, governments, and private organizations, with the addition of a more focused economic analysis which makes it possible to generate deeper insight into the drivers of skills demand. Results from this and the other Workforce Connections assessments, and the tools used to generate them, will be shared and further refined through the project's Community of Practice over the coming year. The assessment also contains a summary of lessons learned about workforce development programming."

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"This report reveals the state of social enterprises in Nigeria. It is based on desk research, interviews with key stakeholders and a survey distributed to social enterprises from a diverse range of industries and sectors across the county. The findings are timely. Governments and communities are looking to minimize the economic and social damage caused by Covid-19 and, in the longer term, see the pandemic as an opportunity to rebuild economies on a fairer, more inclusive footing. As businesses that combine positive social and environmental impact with financial sustainability, social enterprises have a vital role to play."

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"The toolkit is provided for all intermediaries and enterprise support organizations – regardless of size, geography or sector – who want proactively to support SGBs within their portfolio to integrate OHS and employment minimum practices. The toolkit aims at equipping intermediaries with the necessary tools, knowledge and resources to broach the safe working environment and fair employee treatment subject, and enables the intermediaries to assess, design and structure possible solutions for their SGB clients."

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"Endeavor Insight partnered with the Lemelson Foundation and Small Foundation to understand how entrepreneurial agriculture companies can maximize their impact in developing countries. The purpose of the study is to provide a data-backed assessment of the challenges and opportunities for supporting entrepreneurs. Endeavor Insight’s approach used several lenses, including a special focus on the types of innovation the founders have created, as well as an analysis of the dynamics within selected agricultural value chains. The results offer guidance for decision makers who support entrepreneurs as they address the Sustainable Development Goals (SDGs), especially in raising the incomes of smallholder farmers and alleviating poverty, creating transformative solutions that can address global food security, and generating quality jobs. This study builds on recent research in the international development and social investment communities, and takes into account the impacts of the COVID-19 crisis."

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Avec le lancement des Objectifs de développement durable des Nations unies, l’ODD 8 : Travail Décent et Croissance économique devient un cri de ralliement pour les professionnels qui cherchent à encourager l’entrepreneuriat comme un moyen de développement économique et social. Cependant, si le concept de travail décent peut sembler simple, définir clairement un «emploi de qualité» s’est avéré être une initiative complexe. Ce rapport synthétise les données existantes sur la qualité de l’emploi dans les PME, en se concentrant sur les entreprises plus jeunes et orientées vers la croissance dans la mesure du possible (désignées par l’ANDE sous le terme de «petites entreprises en croissance» ou PEC).

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This study demonstrates how investors can begin comparing investments based on impact, not only highlighting impact performance across this sample of investments but also exploring investors’ contribution to that impact in terms of the progress so far in supporting quality jobs. Fundamentally, this research is intended to cultivate the suite of impact analytic tools to come, such as impact performance benchmarks, ratings, and indices. Its specific findings highlight the tremendous need for further research to enhance the industry’s insights into impact performance and its drivers, enabling evidence-based decision-making. Ultimately, through this research and related efforts, the GIIN seeks to enable investors to optimize for impact at each stage of the investment process, accelerating progress
toward global goals.

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