The Big Business of Small Enterprises

von World Bank

260 Seiten, Taschenbuch

Kurzbeschreibung des Verlags

A central challenge is to level the economic playing field by ensuring dynamic markets; strengthening market-support institutions; and removing constraints to participation. IEG found that financial sector development can have both a pro-growth and pro-poor impact by alleviating SMEs' financing constraints, enabling new entry of firms and entrepreneurs and better resource allocation. Layered on top of this are targeted forms of assistance; these interventions may build on a foundation of more systemic reforms, may come in tandem with them, or may in fact be a means to build systemic reforms from the bottom up.Any credible justification of targeted support to SMEs must be focused on establishing well-functioning markets and institutions, not simply providing a temporary supply of benefits to a small group of firms during a project's lifespan. Thus, targeted interventions need to leverage resources to produce broader benefits for institutions and markets.To make targeted support for SMEs more effective, the World Bank Group needs to do several things:

- Clarify its approach to targeted support to SMEs.- Enhance the support's relevance and additionality.- Institute a tailored research agenda.- Strengthen guidance and quality control for such support.- Reform MIGA's Small Investment Program.

• Reihe: World Bank Publications
• ISBN: 9781464803765
• Sprache: Englisch
• Erscheinungsdatum: 13.02.2015
• Größe: 254 x 178 mm
• Verlag: World Bank Publications