|Manothip met her first customers at an entrepreneurship fair for young people in Laos.|
How does one turn a creative idea into a profitable business? In my case, it started with a bag.
|Bananas for export go through rigorous quality inspection. The plantation employs some 2,000 workers in Maguindanao, Mindanao.|
“It was a war zone, one of the most dangerous places on earth.”
That’s how Mr. Resty Kamag, human resource manager of La Frutera plantation based in Datu Paglas (Population: 20,290) in Maguindanao (the Philippines) described the national road traversing the town from the adjacent province.
Residents and travelers, he said, wouldn’t dare pass through the highway after three in the afternoon for fear of getting robbed, ambushed or caught in the crossfire between rebels and government soldiers.
“That was before the company started operations here in 1997,” said Mr. Kamag. La Frutera operates a 1,200-hectare plantation for export bananas in Datu Paglas and neighboring towns, providing jobs to more than 2,000 people.
|Watch the video highlighting the report's findings.|
My mother always told me that first impressions are deceptive. Turns out, this is true also when it comes to gender equality.
I lived in Vientiane, the capital of Laos, for six years, working in the World Bank’s country office on social development and gender issues. I still recall arriving in Vientiane, the sleepy city by the mighty Mekong river, and being taken by surprise of how empowered women seemed to be. I noticed women driving their motorbikes in the city, female shop owners serving delicious mango and papaya, and women in the latest business suits hurrying back to the office.
In a country where poverty has decreased by 25% since the 1990s, it was easy to get the impression that women are truly enjoying the benefits of development on equal terms with men. The laws are supportive of women as well. These have clear targets in place that promote women’s human development, economic opportunity, and participation.
Financed by the mining boom, government spending on new infrastructure in Mongolia has increased 35-fold in the past 10 years. But you would not know this from driving the pot holed streets of Ulaanbaatar or inhaling the smog filled air of the city, particularly in the ger areas.
A new World Bank report I co-authored examines why this increased spending is not resulting in equivalent benefits for the citizens of Mongolia in terms of better roads, efficient and clean heating, and improved water and sanitation services.
It is estimated that less than 20 percent of the population of Myanmar uses formal financial services, says Eric Duflos in the CGAP blog.
|Axel talks about his trip to Myanmar in a video below.|
You can feel the energy in Myanmar today—from the streets of Yangon, in the offices of government ministries and in rural villages. Dramatic political and economic changes are sweeping the country.