(Blog Admin note: please be aware that Gao Xu is no longer working for the World Bank and cannot follow up on new questions or comments on his posts.)
After five years in Indonesia, my family and I have left this wonderful country and moved to Kenya. The last five years have been excellent years for Indonesia. The economy stabilized, growth resumed and services started to improve, although modestly and not in all areas. Indonesia still remains an underrated country, but this may change.
The investment climate is the fundamental socio-economic framework in which firms operate – the macroeconomic and trade policies they face, the labor and financial markets in which they recruit and raise money, the available infra
The Grassroots Business Initiative (GBI) is the brainchild of the World Bank Group’s International Finance Corporation (IFC). Launched in 2004, the GBI supports innovative social enterprises – dubbed Grassroots Business Organizations (GBO