Library

Library

World Employment and Social Outlook 2017
This flagship report by the International Labour Organization, profiles SMEs throughout the world in relation to economic growth, job creation and the opportunities to access finance based on their economy. While large enterprises are the principal source of employment in the formal private sector relative to small and medium-sized enterprises (...
Report Says Canadian SMEs are Experiencing Fatigue, Points to Success Factors
A new CIBC Capital Markets report says that Canadian are showing signs of fatigue and reporting lower confidence, they are also facing several potential headwinds. However, the report did examine SMEs with above-average revenue growth over the past five years to uncover what leads to success and found three key trends: Outsourcing – small firms...
SME Growth Watch 2017-2018 from Hampshire Trust Bank
New research by the Centre for Economics and Business Research (Cebr) and Hampshire Trust Bank, predicts that SME contributions to the UK economy will grow by 19 percent from 2016 to 2025. In 2016, SME employment across ten cities considered in the report were around 3.9 million. In 2025, the researchers expect the number to increase by one...
Study on Efficiency of Bank Loans for Women Entrepreneurs in the MSME Sector in India
Women MSMEs in India play a critical role in generating high rates of employment growth and accounting for a major share of industrial production and exports. Production from the MSME sector accounts for 15% of India's GDP and the sector is estimated to employ around 70 million people. Collectively, women employ over 8 million people, contributing...
OECD's Entrepreneurship at a Glance 2017
OECD's Entrepreneurship at a Glance 2017 report shares data on SMEs and market proximity and female entrepreneurship. In 2014 start-ups – firms less than two years old - accounted for around 20 percent or more of firms in most countries and for more than 30 percent in the United Kingdom, Hungary, Brazil, Israel and Poland. Start-ups nevertheless...
Tony Elumelu: Africapitalists Builds the Continent's Future
Tony O. Elumelu, C.O.N, Chairman at Heirs Holdings in Nigeria, pens an article on how African entrepreneurs are being supported by financial services to create a strong economic system on the continent. He describes how his institution has supported more than 10,000 African entrepreneurs over the last 10 years with funding and mentoring. The...
The Rise of Small Entrepreneurs in India
Lead economist at the World Bank, Ejaz Ghani, pens a blog on the rise of SMEs in India. SMEs account for over 95 percent of establishments and over 80 percent of jobs in the manufacturing sector in India. They are becoming increasingly prevalent and affect everything from poverty levels and shared prosperity to the allocation of activity in the...
Informal Tradables and the Employment Growth of Indian Manufacturing
India's manufacturing growth from 1989 to 2010 displays two intriguing properties: 1) a substantial fraction of absolute and net employment growth is concentrated in informal tradable industries, and 2) much of this growth is connected to the development of one-person establishments. This working paper by the World Bank Group’s Macroeconomics and...
China Development Bank Announces Agreement to Aid African SMEs
China's Development Bank and Absa, a subsidiary of Barclays Africa, concluded a $100 million Special Facility Agreement to fund SME in Africa. The money will benefit Barclays Bank’s existing and prospective SME clients across the continent, according to Absa. The funding may be increased in the future to assist with new funding opportunities...
What’s Happening in the Missing Middle? Lessons from Financing SMEs
"What’s Happening in the Missing Middle? Lessons from Financing SMEs" is an initial effort to share experiences, analyze failures and learn from practices. These SME Finance Quick Lessons were initially developed for an internal World Bank Group audience (and, in particular, the members of the SME Finance Community of Practice), the intent with...