Private Sector Development
Proposals for the 2009 Global Development Marketplace are due in 2 weeks! There is still plenty of time to apply. We hope you take advantage and submit your idea today. The competition, funded by the GEF and other DM partners, aims to dentify 20 to 25 innovative, early-stage projects addressing climate adaptation. Winning projects receive up to US$200,000 in grant funding for implementation over two years.
The competition focuses on three sub-themes:
1) Resilience of Indigenous Peoples' Communities to Climate Risks
2) Climate Risk Management with Multiple Benefits
3) Climate Adaptation and Disaster Risk Management
For more information and to apply, visit our website at www.developmentmarketplace.org. The application deadline is May 18, 2009.
“We are here to listen—tell us how we can better assist you. And please, be frank,” said Obiageli Ezekwesili, World Bank Africa Region Vice President.
Ezekwesili asked the ministers from Liberia, Rwanda and the Democratic Republic of Congo (DRC) to discuss capacity development efforts in their countries, and to identify what has and has not worked, and how donors can provide more effective support for human development, infrastructure, and public sector reforms.
Several common themes emerged from the ministers’ interventions, including:
- Donors prioritizing support for primary and secondary education, and not higher education
- Donors pressing a “one size fits all” approach on countries, trying to replicate programs that were successful elsewhere
- The failure by expatriate advisors in civil service posts to transfer their knowledge and skills to local counterparts
- Tension among returning members of the Diaspora and local populations that stayed behind, partly around incentive structures for civil service
- An urgent need to deliver skills-training and create job opportunities for young ex-combatants
Augustine Ngafaun, Minister of Finance for Liberia, outlined the enormity of the challenges facing his country, which has “75 percent of the educational facilities destroyed” combined with a “massive brain drain” as a result of professionals fleeing during Liberia’s recent conflict.
“We have very few doctors, teachers and hardly any engineers,” said Ngafaun, Liberia's Minister of Finance.
He also noted that, despite the importance of the mining sector for Liberia’s growth, there are not even five geologists in the entire country.
Rwanda’s Finance Minister James Musoni noted that even though the reconstruction challenges were daunting, his country has made significant progress since the 1994 genocide. He said it is crucial for the donor community to understand the context in which each country operates, as in some cases the political leadership may not be ready.
Ezekwesili stressed the need to build confidence in all sectors, pointing out that “development solutions work only to the extent that the capacities of the nation-state, the private sector, and civil society are strong.”
“The lack of capacity is magnified by the stress of the post conflict environment,” Ezekwesili said.
Following weeks of political turmoil, President Marc Ravalomanana resigned on March 17, 2009. The leader of the opposition, Andry Rajoelina, ex-Mayor of Antananarivo, became “President of the Transition Authority” with the support of the army. The transition – increasingly being referred to as a coup by the inter
|Restaurants in Mongolia can face fines for not having the right number of forks.|
One area fully in Government control is business inspections. This is an important function: inspections protect the health and safety of the general public. But when inspections run wild, they can become a major burden to businesses, especially small ones. Inspections can impose large costs on businesses in terms of time and money, encourage firms to bribe their way out of violations, and even encourage entrepreneurs to operate in the shadows. That means less tax revenue and potentially dangerous products and services being offered to the public.
Is this a problem in Mongolia? Absolutely.
|Women entrepreneurs in Nias, Indonesia, describe how they manage community loans and expand business ventures.|
In our visit to Hiliweto village of Gido district of Nias, the mission team visited the home of one of the women's group leaders to chat with informal women entrepreneurs on how they manage their community loans and expand their business ventures. At first, the group was reluctant to even answer a question, but Joachim broke the ice by agreeing to have the women ask about him – for example, where he comes from, married or not, children, etc. As the discussion went into a more relaxed mode, we asked what specific program benefits them the most. They all hailed microfinancing. Getting small loans is a common problem in Indonesia because credit is difficult to obtain from banks without having any collateral as a guarantee.
President Obama on February 17 signed the $787 billion Stimulus package into law. The package is aimed at stimulating production in the US as well as job creation. However, it includes the following clause:
World economic growth in 2009 is expected to decline to its slowest rate since the Great Depression. In the case of Sub-Saharan Africa, the latest IMF’s World Economic Outlook projects the region to grow by 3.25% this year, down from 5.4% in 2008. Many economists are now expecting the crisis to hit Africa harder and longer than was previously projected. Not only will the crisis impact human development and economic indicators, but Africa’s governance and conflicts may be affected as well.