Jane Nelson is speaking at IFC in Washington DC today. For those of you who can't come, here's her paper from the recent Brookings-Blum round table.
State enterprises on average account for 15% of GDP in Sub-Saharan Africa and more than 50% of GDP in MENA. In India, more than 40 percent of the capital stock is state-owned. Heavily represented in infrastructure, finance, and energy sectors, state-firms are often two to three times less productive than private firms. Their lack of investment capital affects the delivery of critical infrastructure services while their losses are a fiscal burden. High levels of state ownership also create negative perceptions of the overall investment climate.
Jordan Schwartz and Mukami Kariuki have just published an excellent new paper on small-scale private service providers (SPSPs) of water and electricity – including some great figures, maps and datasets.
IFC's GEM (Gender Entrepreneurship Markets) have released their quarterly newsletter, which includes IFC and World Bank news on female entrepreneurs, a profile of artist and entrepreneur Nella Kumafo, and links to resources and events.
Transparency International has published their 2005 Corruption Perception Index. The report claims that corruption remains rampant in 70 countries and that most of the world’s least developed nations bear the double burden of poverty and corruption.