In Mozambique’s three largest cities (Maputo, Beira, and Nampula), informal businesses—those operating outside formal licensing and registration procedures—outnumber formal firms by a factor of 9 to 1. The World Bank’s Enterprise Analysis Unit recently published surveys of informal businesses in Mozambique, conducted in collaboration with the country management unit and colleagues from the Finance, Competition, and Innovation Global Practice. These surveys were designed to mirror the standard World Bank Enterprise Surveys, which cover the formal sector, but were tailored to better understand the unique conditions in which informal firms operate. Thanks to recent methodological innovation in sampling techniques, these surveys now also provide an estimate of the total number of informal businesses.
The World Bank Group has strict policies with regards to fraud and corruption. At times
it is obvious what is accepted and what’s not, but every company runs the risk of being confronted with compliance questions. This could be due to a local partner getting compromised or a local authority is putting you in a difficult position. How can you protect your company from compliance issues, especially when working in “difficult” markets? What should a solid company compliance program entail? How do you engage your supply chain?
The World Bank Group and the Netherlands Enterprise Agency are organizing a joint Compliance event on February 1st, 2019 in The Hague. The event promises to take a very practical approach and will be focused on shedding some light on the above highlighted issues and questions. The World Bank will be explaining the major do’s and don’ts when working with the Bank and what it means to be under investigation. Of major value will be the exchange of practical experiences discussing ways to avoid compliance issues.
WASHINGTON, October 31, 2018 – Governments around the world set a new record in bureaucracy busting efforts for the domestic private sector, implementing 314 business reforms over the past year, says the World Bank Group’s Doing Business 2019: Training for Reform report, released today.
The reforms, carried out in 128 economies, benefit small and medium enterprises as well as entrepreneurs, enabling job creation and stimulating private investment. This year’s reforms surpass the previous all-time high of 290 reforms two years ago.
The Netherlands embassy in Washington, D.C. published the handbook, “Zakendoen met de Wereldbank Groep” to provide interested Dutch companies and organizations a basic introduction to the World Bank Group. We have updated the handbook with new information on the current procurement framework. Besides the handbook we also created fact sheets which include information on project cycles as well as Bank jargon which will be good to know when working with the World Bank Group.
WHAT IS “DOING BUSINESS”?
Doing Business is a project that provides objective measures of business regulations and their enforcement across 190 economies. It looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.
By gathering and analyzing comprehensive quantitative data to compare business regulation environments across economies and over time, ; offers measurable benchmarks for reform; and serves as a resource for policymakers, academics, journalists, private sector researchers and others interested in the business climate of each economy.
EBA 2017 is the third report in the series, presenting data that measure legal barriers for businesses operating in agriculture in 62 countries and across 12 topic areas. It provides quantitative indicators on regulation for seed, fertilizer, machinery, finance, markets, transport, information and communication technology (ICT), and water. Two overarching themes—gender and environmental sustainability—continue to be included in the report analysis to ensure that the messages developed by EBA encourage inclusive and sustainable practices. This year scoring was piloted for the land topic for 38 countries in which data were collected. The data for the remaining 24 countries will be collected next year and the team will refine the methodology further. EBA also collected data on the livestock topic, focusing on veterinary medicinal products (VMPs).
Read the full report here.
On March 7th the FIRST edition of 2017 of NL4WorldBank newsletter was published.
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Article published on http://www.worldbank.org on November 17, 2016.
Women today represent about 50 percent of the world’s population and, for the past two decades, about 50 percent of the labor force. Yet there are stark differences in the outcomes they achieve: Women are only half as likely as men to have a full-time wage-earning job. The women who do have paid jobs earn as much as one-third less than men. Fewer women than men are involved in trade or own registered companies. And women are more likely to work in low-productivity activities or informal employment.
Deadline: 27-Oct-2016 at 11:59:59 PM (Eastern Time – Washington D.C.)
WBG is hiring a consultant/ organization to work closely with WBG and FPO promoting organization in low income states for project delivery. The project aims to facilitate access to formal financial services to small and marginal farmers, their households and financially excluded women of low income states of India by leveraging the network and outreach of FPOs.