International Finance Corporation2012-03-192012-03-192009https://hdl.handle.net/10986/4355The global economic crisis has opened an uncertain chapter, especially for the 2.5 billion people who live on less than $2 a day. Many of them lack access to electricity, or clean water, or basic health care. For at least a decade, economic growth in developing countries helped expand the availability of basic necessities while steadily reducing the number of people in poverty. But this year, the number of people in extreme poverty is expected to be much higher than was predicted before the crisis. Unemployment is rising. Yet many countries lack the domestic resources needed to speed up development. International Finance Corporation (IFC) has responded swiftly and creatively to improve the lives of the most vulnerable people by working with the private sector to create conditions for sustainable prosperity, wherever the need is greatest. IFC has quickly ramped up its advisory efforts and mobilized its donor partners to help governments, clients, and markets cope with the crisis and recover speedily. Priorities include: helping financial institutions better manage their risks and their nonperforming loans; complementing investment efforts in banking for small and medium enterprises, microfinance, and housing finance with advice to financial institutions; supporting governments' efforts to keep trade flowing with advice on trade logistics; helping governments facing larger deficits widen their tax base; encouraging governments to simplify their bankruptcy systems to allow indebted companies to recover faster; advising boards of directors on risk management and crisis intervention; and helping governments redesign public-private infrastructure projects that face crisis-related difficulties.CC BY-NC-ND 3.0 IGOACCESS TO EDUCATIONACCESS TO FINANCEACCESS TO FINANCINGACCESS TO MARKETSACCOUNTINGADVISORY SERVICESADVISORY WORKAMOUNT OF CAPITALASSET MANAGEMENTASSETS RATIOAVAILABILITY OF CREDITBALANCE SHEETBALANCE SHEETSBANK HOLDINGBANKING SECTORBANKING SYSTEMBANKING SYSTEMSBANKRUPTCYBASIC NEEDSBOND MARKETSBORROWINGBORROWINGSBUSINESS ADVISORYBUSINESS MANAGEMENTBUSINESS OPPORTUNITIESBUSINESS SUPPORTCAPITAL ADEQUACYCAPITAL FLOWSCAPITAL MARKETSCAPITALIZATIONCASH-MANAGEMENTCOMMERCIAL BANKSCOMMERCIAL LENDERSCOMMUNITY DEVELOPMENTCOMPETITIVE MARKETSCORPORATE GOVERNANCECREDIT INFORMATIONCREDIT LINESCREDIT MARKETSCREDIT RISKDEBTDEBT FINANCEDEBT SECURITIESDEBTSDEFICITSDEVELOPING COUNTRIESDEVELOPMENT BANKDEVELOPMENT BANKSDEVELOPMENT CORPORATIONDEVELOPMENT FINANCEDEVELOPMENT FINANCE INSTITUTIONDEVELOPMENT FINANCE INSTITUTIONSDISBURSEMENTSDISTANCE LEARNINGDURABLEEARNINGSECONOMIC ACTIVITYECONOMIC CRISISECONOMIC DEVELOPMENTECONOMIC DEVELOPMENTSECONOMIC GROWTHECONOMIES OF SCALEEMERGING ECONOMIESEMERGING MARKETEMERGING MARKETSEMPLOYMENT OPPORTUNITIESENROLLMENTENTREPRENEURENTREPRENEURSENVIRONMENTAL SUSTAINABILITYEQUITY FUNDEQUITY FUNDSEQUITY INVESTMENTSEQUITY RATIOEXPENDITURESEXPORT EARNINGSEXPORTERSEXTERNAL FUNDINGEXTREME POVERTYFAIR VALUEFAMILIESFARMERSFINANCIAL ASSISTANCEFINANCIAL CAPACITYFINANCIAL CRISESFINANCIAL CRISISFINANCIAL DISTRESSFINANCIAL INFRASTRUCTUREFINANCIAL INSTITUTIONSFINANCIAL INSTRUMENTSFINANCIAL MARKETSFINANCIAL PRODUCTSFINANCIAL RISKSFINANCIAL SERVICESFINANCIAL SUPPORTFINANCIAL SUSTAINABILITYFINANCIAL SYSTEMFINANCING NEEDSFIRST LOANSFLOW OF CAPITALFLOW OF CREDITFOREIGN DIRECT INVESTMENTFOREIGN INVESTMENTFUND MANAGERSGENDERGENDER EQUALITYGLOBAL BANKINGGLOBAL ECONOMYGLOBAL TRADEGLOBALIZATIONGOVERNMENT REVENUESGUARANTEE AGENCYHOME OWNERSHIPHOUSEHOLDSHOUSING FINANCEHUMAN DEVELOPMENTHUMAN RESOURCESIDINCOME GROUPSINFORMATION TECHNOLOGYINSTITUTIONAL INVESTORSINTEREST RATEINTERNAL RATE OF RETURNINTERNATIONAL BANKINTERNATIONAL BANKSINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCEINTERNATIONAL FINANCIAL INSTITUTIONSINVESTINGINVESTMENT BANKINVESTMENT BANKSINVESTMENT CLIMATEINVESTMENT FUNDSINVESTMENT PROJECTSINVESTMENT VOLUMEINVESTMENT VOLUMESJOB CREATIONJOB OPPORTUNITIESKEY CHALLENGELENDING PORTFOLIOLIQUIDITYLOANLOAN GUARANTEESLOAN PORTFOLIOLOAN SYNDICATIONSLOCLOCAL BANKSLOCAL BUSINESSESLOCAL CURRENCYLOCAL FINANCIAL MARKETSLOCAL GOVERNMENTSLOCAL SECURITIESLONG-TERM FUNDINGMARKET CONDITIONSMARKET CONFIDENCEMARKET COUNTRIESMARKET PLAYERSMICRO-ENTREPRENEURSMICROENTERPRISESMICROFINANCEMICROFINANCE INSTITUTIONMICROFINANCE INSTITUTIONSMICROFINANCE LOANSMONEY TRANSFERSMORTGAGEMORTGAGE MARKETMULTINATIONALSNEW BUSINESSNONPERFORMING LOANSOPPORTUNITIES FOR WOMENPAYMENT SYSTEMSPERMANENT JOBSPORTFOLIO MANAGEMENTPORTFOLIOSPRIVATE BANKSPRIVATE CAPITALPRIVATE ENTERPRISEPRIVATE ENTERPRISESPRIVATE EQUITYPRIVATE FUNDPRIVATE FUNDSPRIVATE INVESTMENTPRIVATE INVESTORSPRIVATE SECTOR FINANCINGPRIVATIZATIONPROTECTION OF INVESTORSRECESSIONREPAYMENTRESERVERESERVESRETURNRETURNSRISK AVERSIONRISK MANAGEMENTSAVINGSSCHOLARSHIPSSECURITIES MARKETSSHORT-TERM LENDINGSMALL BUSINESSESSMALL LOANSMALL LOANSSMALL-BUSINESSSMALL-BUSINESS LENDINGSOCIAL CAPITALSOCIAL ENTREPRENEURSHIPSTOCK EXCHANGESUPPLY CHAINSUPPLY CHAINSTAXTAX CODETELECOMMUNICATIONSTRADE FINANCETRADINGTREASURYUNEMPLOYMENTUNIONVILLAGEVULNERABLE PEOPLEWOMEN BORROWERSWOMEN ENTREPRENEURSWorld Bank10.1596/4355