People, Spaces, Deliberation bloggers present exceptional campaign art from all over the world. These examples are meant to inspire.
Empowering women entrepreneurs is good for development and business. Tune in to World Bank Live on October 11, 2012 10:30 a.m JST. to hear Liberia President Ellen Johnson-Sirleaf and World Bank Group President Jim Kim talk #womenbiz at this year's Annual Meetings.
I’m in Tokyo. The changing colours of the autumn leaves, which would normally preoccupy the nation and its visitors, have been replaced – well, in Tokyo anyway – by fluttering street banners announcing the fact that the city is hosting the 2012 IMF/World Bank Group Annual Meetings. There’s a throng of people – 20,000 is the number bandied about – representing government and private sector delegations from around the world, and they are all here to discuss the status of international economic and financial developments for inclusive growth.
As Director, Women’s Markets, Westpac Group and because of our leadership as a corporation and a country in promoting women’s access to finance, I’ve been invited by the IFC, a member of the World Bank Group, to attend a number of events focused on women in the private sector.
In many developing economies, between 30 and 40 percent of the entrepreneurs running small or medium sized businesses are women.
Cultural and legislative barriers, such as preventing married women from opening bank accounts, or restrictions on women’s work, are becoming less overt in many places. However, women entrepreneurs – be it in first, third or the developing world nations - often find it difficult to raise capital to grow their businesses and for all sorts of reasons.
A woman works in a small shop in Ghana.
Photo by Arne Hoel
What will it take for the world to wake up and realize the advantages of supporting women entrepreneurs in the developing world?
If that sounds like an odd question to be asking in the 21st century, just consider some facts. We know that globally women make up almost half the world’s workforce. And we know that in developing economies, 30-40% of entrepreneurs running small or medium sized businesses are women.
But here’s something you may not know – at least 9 out of 10 women-owned businesses have no access to loans. So, just imagine the frustration of a woman in a developing country, who has started a small business, is attracting a good clientele, has a business plan to grow her business, but can’t get a loan to expand. That's not an isolated story. It’s a frustration shared by many women in the developing world. And the frustration of those women sounds echoingly similar to the frustration still lingering in the voices of older women from rich countries, telling how some three decades ago they were refused bank home loans, despite having a guaranteed income.
Yesterday’s post discussed two of the case studies from last week’s Asia Development Dialogue on active citizenship. Today’s installment covers my more general thoughts on the discussion, based on some final reflections I was asked to give at the end of the day.
First, I felt pretty privileged to be able to eavesdrop on a conversation between activists, political leaders and academics from 10 Asian countries: a women’s rights organizer from Myanmar seeking advice from a women’s leader from muslim Southern Thailand on dealing with ethnic conflict; a woman mayor from the Philippines asking a Cambodian leader if she had considered expanding her work on nurturing grassroots women’s political leadership to other countries. Fascinating.
Bouncing along a dusty road in Ghana, I had an eye-opening conversation with a colleague who was supervising a survey we were doing. It turns out he had been offered a more prestigious job, with a significantly higher salary, elsewhere in Ghana. But he was turning it down.
|More information on the World Bank-AusAID partnership in worldbank.org/unlockingpotentialreport|
Making a difference for people, he
Let's think together:Every week the World Bank team in Tanzania wants to stimulate an evidence-based debate by sharing data from recent official surveys and ask you a few questions. These posts are also published in the Tanzanian newspaper The Citizen every Sunday.
Tanzanian families have been doing things differently of late. More of them have been sending their daughters to primary school and more women have become heads of families with increasing financial responsibilities. Increasingly too, more women are involved in the political arena today. These trends can also be found in most countries in the world but they are especially visible in Tanzania as reflected by the following statistics.
Today, World Bank Group President Jim Yong Kim announced a special funding mechanism to enable donors to scale up their funding to meet the urgent needs related to Millennium Development Goals 4 and 5, leveraging the International Development Association (IDA), the World Bank's fund for the poorest.
Dr. Kim announced the special funding mechanism during his remarks at the Every Woman, Every Child event at the UN General Assembly.
His remarks, as prepared for delivery, are available on the World Bank's website (http://www.worldbank.org/en/news/2012/09/25/world-bank-president-kim-every-woman-every-child-un-general-assembly).
Last week I visited Oxfam’s Philippines programme. Such trips follow a pretty standard format - our national staff and relevant partners with the moringa farmers whisk me through a series of site visits and conversations with farmers, civil society organizations, local government officials and anyone else who’ll talk to you. For a few days, I’m engrossed, wrestling on multiple levels, first to understand the intricacies of the projects, and then to try and get at the meta-questions: what are the strengths and weaknesses in our work? What could we be doing better? Is there a clear power analysis and theory of change? Discussions continue in vehicles to and from the visits, over dinner and (sometimes) in the bar, as everyone grapples with the incredibly difficult business of ‘doing development’. It’s intense and definitely the best bit of the job.
I went to Mindanao, one of the poorest and most conflict-ridden islands in the Philippines archipelago, and home to 23m of its 94m population. The focus was our livelihoods work (I hate the term, but can’t think of anything better to describe the complex ways poor people find to put food on the family table). Such work forms the backbone of many of Oxfam’s programmes. In Mindanao, we’re working with women farmers to introduce new crops or upgrade existing ones:
Every year, the World Bank’s country teams and sector experts assess the quality of IDA countries’ policy and institutional framework across 16 dimensions to measure their strenght and track progess.
The latest country policy and institutional assessment (CPIA) results show that despite difficult global economic conditions, the quality of policies and institutions in a majority of Sub-Saharan African countries remained stable or improved in 2011.
For several countries the policy environment is the best in recent years. Of the 38 African countries with CPIA scores, 13 saw an improvement in the 2011 overall score by at least 0.1. Twenty countries saw no change, and five witnessed a decline of 0.1 or more. The overall CPIA score for the region was unchanged at 3.2.
In short, despite a challenging global economic environment, African countries continued to pursue policies aligned with growth and poverty reduction.
As mulheres estão se tornando progressivamente as parceiras mais importantes no desenvolvimento da América Latina. Mães, estudantes, profissionais atuantes, mulheres de todas as origens são hoje a força motora da revolução de gênero que contribuiu de modo bastante significativo para a prosperidade de nossa região.
Na última década, os países latino-americanos apresentaram um expressivo avanço na redução da pobreza e da desigualdade. Agora sabemos que uma grande parte desse progresso pode ser creditado às mulheres. Isto é tão verdadeiro que, se não houvesse tantas mulheres participando da força de trabalho, a pobreza extrema na região teria sido 30% maior em 2010. Algo semelhante pode ser dito sobre o recente progresso da região face à persistente desigualdade, como enfatiza o relatório Poverty and Labor Brief: The Effect of Women’s Economic Power in Latin America and the Caribbean (Informe sobre Pobreza e Trabalho: O efeito do poder econômico das mulheres na América Latina e no Caribe).
New developments and curiosities from a changing global media landscape: People, Spaces, Deliberation brings trends and events to your attention that illustrate that tomorrow's media environment will look very different from today's, and will have little resemblance to yesterday's.
What will it take …to improve your life? …for your children to be better off? …for mothers to be healthy? …for all to get a good education? …to end poverty? More than 1.3 billion people around the globe live on less than $1.25 a day. Fighting poverty in times of crisis may be challenging, but we can’t take our eyes off the most vulnerable.
Women are increasingly becoming Latin America's critical development partners. Moms, students, working professionals, women from all walks of life, are a driving force behind a gender revolution that has made huge contributions to our region's prosperity.
Over the last decade, Latin American countries have made big strides in reducing poverty and bringing down inequality. And much of that progress, we now know, can be credited to women. So much so that, had there not been so many women in the workforce, extreme poverty in the region in 2010 would have been 30 percent higher. Something similar can be said about the region's recent inroads against persistent inequality, as highlighted in Poverty and Labor Brief: The Effect of Women's Economic Power in Latin America and the Caribbean.
ABIDJAN, Cote d’Ivoire – At a jobs training center in this key capital city in West Africa, a young man showed me his newfound skills as an electrician. At a workshop, light bulbs flickered on and off. And then he told me something really important:
“It’s been 10 years since I graduated with my secondary school degree, and because of our conflict, I have never held a job. So this is a blessing to me,” said the young trainee. “But my brothers and sisters and so many people haven’t had this opportunity. I wonder how they can get jobs, too.”