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  • News
    SMEs measure cost of red tape

    Compliance with government bureaucracy costs Lm1,500 to Lm2,000 a year for the average SME with between five and 10 employees, according to the director general of the Malta Chamber of Commerce and Industry Kevin Borg. Obviously the amount goes up with the size and complexity of the company. We had one survey respondent whose compliance fees amounted to Lm300,000! He was speaking at a business breakfast at the Le Meridien Phoenicia organised by The Malta Busines...
  • News
    APEC seeks ways of promoting small- and medium-sized enterprises

    Delegates from the Asia-Pacific region are attending the 13th APEC SME Ministerial Meeting and related ones in Hanoi on Sept. 25-29 to facilitate development of small- and medium-sized enterprises (SMEs). The ministerial meeting, slated for Sept. 28-29, with the theme Strengthening SME Competitiveness for Trade and Investment, will center on business enabling environment for SME, SME capacity building for trade and investment and facilitating linkages for SME. A seri...
  • Blog Post
    Trends in the “South” Will Have Serious Affects on the BOP

    As heads of the World Bank battle it out over how to curtail corruption in beneficiary countries, a curious trend is forming that could be a far greater threat to the open, global economic system they favor than any graft or bribery scheme. Over the weekend 116 countries were represented at the...
  • News
    Low-cost schools in poor nations seek investors

    My recent research has shown that private schools for the poor are superior to government schools ? teachers were much more likely to be teaching when we called unannounced in their classrooms. Private schools were, in general, better equipped with drinking water and toilets. Testing about 24,000 children we found academic achievement was much higher in private than government schools. All of this was accomplished for a fraction of the per-pupil teacher cost. William Easterly dedicates his recen...
  • Blog Post
    Comments/Criticisms on Doing Biz? Air Them.

    We?ve discussed the World Bank?s Doing Business report previously on this blog, and now the WB has made it so you can continue the conversation on their website. Check here for a link to the Doing Business discussion forum, open to thoughts and analysis from the general public.There is...
  • Blog Post
    Corruption and the Private Sector

    This month’s issue of Development Outreach ? a World Bank Institute magazine ? focuses on the private sector’s role in stemming corruption. Articles range from general overviews of related issues to academic discussions of corruption measurement to specific reports from the field,...
  • Blog Post
    New Paths to Development Forming in the Cradle of Microfinance

    A Special on small and medium sized enterprises (SMEs) by the South Asia based Financial Express explores various angles of the evolving SME development movement from the very heart of the original microfinance revolution: Bangladesh.? Once you start really paying attention to...
  • News
    Research Consultant Celent Predicts $20 Billion Microfinance Market by 2008

    The report, released by Boston-based Celent , is titled Microfinance: What Role for Commercial Banks??. ? It sees the microfinance market growing from its current $11 billion to $20 billion by 2008. ? The self-financed study found that commercial banks are most suited to provide microfinance to the poor. ? The reasons...
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