Publication:
The Big Business of Small Enterprises : Evaluation of the World Bank Group Experience with Targeted Support to Small, and Medium-Size Enterprises, 2006-2012

dc.contributor.authorIndependent Evaluation Group
dc.date.accessioned2015-01-12T14:47:33Z
dc.date.available2015-01-12T14:47:33Z
dc.date.issued2014-03
dc.description.abstractThe World Bank Group promotes small and medium-size enterprise (SME) growth through both systemic and targeted interventions. A critical challenge is to root the many activities now undertaken in this broad space in a clear understanding of the characteristics and dynamics of SMEs role in the broader economy; and their actual and potential contribution to jobs, growth, and shared prosperity. A closely related challenge is to formulate clear strategies that connect interventions to intended outcomes and are accompanied by solid measurement systems that provide evidence of results and allow learning. Targeting means focusing benefits on one size-class of firms to the exclusion of others. Targeted support for SMEs is a big business for the World Bank Group, averaging around $3 billion a year in commitments, expenditures, and gross exposure over the 2006-12 periods. In the context of broader reforms, targeted small and medium-size enterprise (TSME) support can be a powerful tool and, given the size of the recent program, it is vital for the World Bank Group to use it effectively. Targeting SMEs is not an end in itself, but a means to create economies that can employ more people and create more opportunity for citizens to achieve prosperity. A thriving and growing SME sector is associated with rapidly growing economies. IEG s review of the SIP suggests that although it has high relevance, it is of doubtful efficacy and efficiency. MIGA s regular portfolio of TSME projects performs worse than other financial sector guarantees, and there is no evidence to determine their impact on SMEs. The viability and sustainability of SMEs investments, whether through SIP or the wholesale approach, could not be ascertained because of the lack of information on results and performance.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/03/23169324/big-business-small-enterprises-evaluation-world-bank-group-experience-targeted-support-small-medium-term-enterprises-2006-2012
dc.identifier.isbn978-1-4648-0376-5
dc.identifier.isbn978-1-60244-248-1
dc.identifier.urihttps://hdl.handle.net/10986/21191
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO CREDIT
dc.subjectACCESS TO FINANCE
dc.subjectACTIVE LABOR
dc.subjectACTIVE LABOR MARKET
dc.subjectACTIVE LABOR MARKET PROGRAM
dc.subjectACTIVE LABOR MARKET PROGRAMS
dc.subjectADJUSTMENT COSTS
dc.subjectBUSINESS DEVELOPMENT
dc.subjectCAPITAL LABOR RATIO
dc.subjectCAPITAL STOCK
dc.subjectCASUAL WORKER
dc.subjectCASUAL WORKERS
dc.subjectCOBB-DOUGLAS PRODUCTION FUNCTION
dc.subjectCONSTANT RETURNS TO SCALE
dc.subjectCOOP
dc.subjectCORPORATION
dc.subjectDEFLATORS
dc.subjectDEMOGRAPHIC CHARACTERISTICS
dc.subjectDISCRIMINATION
dc.subjectDISCRIMINATION AGAINST WOMEN
dc.subjectDIVIDENDS
dc.subjectEARNINGS
dc.subjectEARNINGS REGRESSIONS
dc.subjectECONOMETRIC MODELS
dc.subjectECONOMETRICS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC SURVEYS
dc.subjectECONOMICS
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectEDUCATIONAL BACKGROUND
dc.subjectEMPLOYEE
dc.subjectEMPLOYMENT HISTORY
dc.subjectEMPLOYMENT OPPORTUNITIES
dc.subjectEMPLOYMENT PROSPECTS
dc.subjectENTREPRENEURSHIP
dc.subjectEXCESS DEMAND
dc.subjectEXCLUSION
dc.subjectEXPENDITURES
dc.subjectFARMER
dc.subjectFINANCIAL SUPPORT
dc.subjectFIRM GROWTH
dc.subjectFIRM SIZE
dc.subjectFUTURE RESEARCH
dc.subjectGENDER
dc.subjectGENERAL EQUILIBRIUM
dc.subjectHIGH UNEMPLOYMENT
dc.subjectHOUSEHOLD CHARACTERISTICS
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINNOVATION
dc.subjectINPUT PRICE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL FINANCE
dc.subjectJOB CREATION
dc.subjectJOB OPPORTUNITIES
dc.subjectJOBS
dc.subjectLABOR DEMAND
dc.subjectLABOR FORCE
dc.subjectLABOR INTENSITY
dc.subjectLABOR MARKET
dc.subjectMEDIUM SCALE ENTERPRISES
dc.subjectMICRO-ENTERPRISE
dc.subjectMICRO-ENTERPRISE DEVELOPMENT
dc.subjectMOTIVATION
dc.subjectOCCUPATION
dc.subjectORGANIZATIONAL STRUCTURE
dc.subjectOUTPUTS
dc.subjectOVERHEAD COST
dc.subjectPERMANENT WORKERS
dc.subjectPHYSICAL CAPITAL
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPRODUCTION PROCESS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectRECEIPT
dc.subjectSELF EMPLOYED
dc.subjectSELF-EMPLOYMENT
dc.subjectSELF-EMPLOYMENT ASSISTANCE
dc.subjectSKILLED PERSONNEL
dc.subjectSMALL FIRMS
dc.subjectSMALL-SCALE ENTERPRISES
dc.subjectSME
dc.subjectSME SUPPORT PROGRAMS
dc.subjectSUBSTITUTION EFFECTS
dc.subjectTOTAL COSTS
dc.subjectTRANSITION ECONOMIES
dc.subjectUNEMPLOYED
dc.subjectUNEMPLOYED WORKERS
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT SPELL
dc.subjectUNSKILLED LABOR
dc.subjectVOCATIONAL EDUCATION
dc.subjectWAGES
dc.subjectWORKER
dc.subjectWORKERS
dc.titleThe Big Business of Small Enterprises : Evaluation of the World Bank Group Experience with Targeted Support to Small, and Medium-Size Enterprises, 2006-2012en
dspace.entity.typePublication
okr.date.disclosure2015-01-06
okr.doctypePublications & Research
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2014/03/23169324/big-business-small-enterprises-evaluation-world-bank-group-experience-targeted-support-small-medium-term-enterprises-2006-2012
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeSocial Protection and Labor
okr.identifier.doi10.1596/978-1-60244-248-1
okr.identifier.doi10.1596/978-1-46480-376-5
okr.identifier.externaldocumentum000333037_20150106045250
okr.identifier.internaldocumentum23169324
okr.identifier.report93485
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/01/06/000333037_20150106045250/Rendered/PDF/934850WP0Box380BLIC00SME0final0file.pdfen
okr.peerreviewAcademic Peer Review
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicSocial Protections and Labor::Labor Law
okr.topicSocial Protections and Labor::Labor Policies
okr.topicSocial Protections and Labor::Labor Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.unitIEG Private Sector (IEGPE)
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