"This report covers the Indian economy and its infrastructure challenges. Its challenge is different to that of most other G20 countries. Instead of an infrastructure transition, India's journey is one of infrastructure creation. It has the option to skip the growth trajectory adopted by many other countries and move straight to an economy fit for the 21st century.
India is forecast to grow at seven to eight percent in 2018-19, the fastest rate of growth amongst the G20 countries. India is still amongst the lowest quartile of nations in terms of per-capita income. People's quality of life is held back by, amongst others, the country's inadequate infrastructure."
"This report investigates the role of SGBs in economic growth and the key success factors of business networks for SGBs. It also spotlights the impact of two organizations - Enablis Senegal and CEED Moldova - on SGB growth. Finally, the report outlines implications for funders, ecosystem builders, SGB-support organizations and SGBs."
"What is the effect of exposing motivated youth to firm management in practice? To answer this question, we place young professionals for one month in established firms to shadow middle managers. Using random assignment into program participation, we find positive average effects on wage employment, but no average effect on the likelihood of self-employment. Within the treatment group, we match individuals and firms in batches using a deferred-acceptance algorithm. We show how this allows us to identify heterogeneous treatment effects by firm and intern. We find striking heterogeneity in self-employment effects, but almost no heterogeneity in wage employment. Estimates of marginal treatment effects (MTE) are then used to simulate counterfactual mechanism design. We find that some assignment mechanisms substantially outperform random matching in generating employment and income effects. These results demonstrate the importance of treatment heterogeneity for the design of field experiments and the role of matching algorithms in intervention design."
"There is growing consensus that a key difference between the U.S. and developing economies is that the latter exhibit slower employment growth over the life cycle of the average business. At the same time, the rapid post entry growth in the U.S. is driven by an "up or out dynamic". We track manufacturing establishments in Colombia vs. the US and find that slower average life cycle growth in Colombia is driven by a less enthusiastic contribution of extraordinary growth plants and less dynamic selection of young underperforming plants. As a consequence, the size distribution of nonmicro plants exhibits more concentration in small-old plants in Colombia, both in unweighted and employment-weighted bases. These findings point to a shortage of high-growth entrepreneurship and a relatively high likelihood of long-run survival for small, likely unproductive plants, as two key elements at the heart of the development problem. An extreme concentration of resources in micro plants is the other distinguishing feature of the Colombian manufacturing sector vis a vis the US."
"Business incubators have been mushrooming in the recent past. There have been various studies on the impact of business incubators to the entrepreneurs and their diverse ideas. The major objectives of the study were to determine the factors affecting success of business incubators and identify impact level of those factors. An empirical study was conducted so as to insights and ideas. European business incubator managers interviewed, questionnaires were administered. Primary data was collected through the use of interviews with experts and questionnaires were administered to the entrepreneurs in Europe. Purposeful sampling was used to derive some expert knowledge and random sampling for the entrepreneurs. Data analysis was done using measures of central tendency, correlation analysis to identify the strength of relationship between dependent and independent variables, the ANOVA and regression analysis. The researchers found out that business incubators are of vital relevance during the start-up and growth of business. The present analysis empirically evidenced that three main factors such as availability and access to external financial resources, strong social and business networks, and internal strength including resources and capabilities positively affect and have a strong relationship with the success of business incubators."
"We study two interventions for underemployed youth across five Ethiopian sites: a $300 grant to spur self-employment, and a job offer to an industrial firm. Despite significant impacts on occupational choice, income, and health in the first year, after five years we see nearly complete convergence across all groups and outcomes. Shortrun increases in productivity and earnings from the grant dissipate as recipients exit their micro-enterprises. Adverse effects of factory work on health found after one year also appear to be temporary. These results suggest that one-time and one-dimensional interventions may struggle to overcome barriers to wage- or self-employment."
"Differences in management quality are an important contributor to productivity differences across countries. A key question is how to best improve poor management in developing countries. This paper tests two different approaches to improving management in Colombian auto parts firms. The first uses intensive and expensive one-on-one consulting, while the second draws on agricultural extension approaches to provide consulting to small groups of firms at approximately one-third of the cost of the individual approach. Both approaches lead to improvements in management practices of a similar magnitude (8-10 percentage points), so that the new group-based approach dominates on a cost-benefit basis. Moreover, the paper finds some evidence that the group-based intervention led to increases in firm size over the next three years, while the impacts on firm outcomes are smaller and statistically insignificant for the individual consulting. The results point to the potential of group-based approaches as a pathway to scaling up management improvements."
"O capítulo andino e o capítulo brasileiro criaram um relatório em conjunto que fornece uma visão geral do setor de inclusão financeira na América Latina, com foco no México e no Brasil. O relatório inclui um infográfico do cenário da inclusão financeira nos dois países, usando fatos e números apresentados ao longo de nossas reuniões e mesas-redondas do Learning Lab de Métricas.
Além disso, o relatório apresenta 3 tópicos relevantes sobre inclusão financeira: produtos e serviços financeiros centrados no usuário, infraestrutura necessária para acesso aos serviços financeiros e educação financeira. Cada tópico oferece uma introdução por especialistas e estudos de caso de diversos projetos na América Latina."
"Este reporte recoge los datos más relevantes en ambos países que se dieron a conocer en el marco del Laboratorio de Aprendizaje, así como las voces de los expertos y una serie de casos de estudio de diversas organizaciones en Latinoamérica enfocados en tres temáticas: Infraestructura necesaria para el acceso a servicios financieros, Educación Financiera y Diseño de productos y servicios centrados en el usuario."
"This handbook provides investors, businesses and private sector development practitioners with an overview of tools and methods for effective and appropriately tailored data collection for impact measurement and management. It builds on the recognition that the methods of larger, independent impact evaluations of, for example, government-funded programmes rarely lend themselves well to a private sector context. In reviewing select private sector-relevant tools and methods, it draws out how such tools can deliver impact insights while often feeding valuable business intelligence back into companies."