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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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July
14
July
19
9AM GMT
Gold Coast, Ghana

The 2022 conference themed “Accelerating SGB Growth in Africa” will focus on critical talent challenges in the SGB sector, as well as how SGBs can help developing economies achieve the U.N. SDGs.

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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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