05612oam 22006975 450 991078818860332120200520144314.01-4648-0377-310.1596/978-1-4648-0376-5(CKB)2670000000594048(EBL)1953213(SSID)ssj0001406801(PQKBManifestationID)11822787(PQKBTitleCode)TC0001406801(PQKBWorkID)11402202(PQKB)10661875(MiAaPQ)EBC1953213(DLC) 2014028667(Au-PeEL)EBL1953213(CaPaEBR)ebr11017950(CaONFJC)MIL726275(OCoLC)884440352(The World Bank)18230975(US-djbf)18230975(EXLCZ)99267000000059404820140717d2014 uy 0engurcn|||||||||txtrdacontentnrdamediancrdacarrierThe big business of small enterprises evaluation of the World Bank Group experience with targeted support to small and medium-size businesses, 2006-12Washington, DC :World Bank,[2014]1 online resource(xliv, 214 pages)illustrations ;26 cmDescription based upon print version of record.1-4648-0376-5 1-322-94993-X Includes bibliographical references and index.Cover; Contents; Abbreviations; Acknowledgments; Overview; Management Response; Management Action Record; Chairperson's Summary: Committee on Development Effectiveness; 1. The Logic of Targeted SME Support; Literature Analysis; Boxes; Box 1.1 Do SMEs Really Create More Jobs?; Figures; Figure 1.1 What Do SMEs Need?; Figure 1.2 Targeted Support to SMEs in an Ecosystem of Policies, Institutions, and Markets; Tables; Table 1.1 Top Major or Severe Constraints Facing Firms, by Firm Size; Box 1.2 The MSME Credit Gap: Whatever Became of Supply and Demand?Table 1.2 Top Major or Severe Constraints Facing Firms, by Country Income Group Figure 1.3 Probability of Having a Bank Loan or Line of Credit, by Firm Size (employees) and Country Income Group; Figure 1.4 Tax Rates as a Constraint in Select Middle-Income Countries; Scope of This Evaluation: "Targeted" Support to SMEs; Portfolio Review: SMEs Are Big Business for the World Bank Group; Figure 1.5 SME Support in IFC Investment, MIGA Guarantee, and World Bank Investment Portfolios, FY06-12, by Number of ProjectsFigure 1.6 Global Coverage of World Bank Group TSME Support by Number of Projects and Total Commitments, Expenditures, and Gross Exposure, FY06-12 Theory of Change-Connecting Support to Outcomes; Figure 1.7 Theory of Change 1a: Financing SMEs through Loans, Investments, or Guarantees; Figure 1.8 Theory of Change 1b: Catalyzing Financial Sector Development, Deepening through IFC/World Bank Finance or Technical Assistance or MIGA Guarantees to Financial Intermediaries; Figure 1.9 Theory of Change 2: World Bank Group Advisory Services to Governments and Financial InstitutionsFigure 1.10 Theory of Change 3: World Bank Group Finance for Business Development and Firm-Level Advisory Services and Training to SMEs Figure 1.11 Theory of Change 4: Value Chain Interventions in Networks and Clusters; Table 1.3 Mapping World Bank Group Portfolios and Products to Theories of Change; Evaluation Design; Figure 1.12 Case Study Coverage of World Bank Group TSME Support in IFC Investment, MIGA Guarantee, and World Bank Investment Portfolios, FY06-12, by Number of Projects; 2. IFC Support for SMEs; Rationale; IFC Investments for Targeted Support to SMEsFigure 2.1 Distribution of IFC TSME Portfolio, by Number of Projects Figure 2.2 Distribution of IFC TSME Portfolio, by Commitment Value; Figure 2.3 Distribution of IFC TSME Investment Portfolio by Industry Group, Region, and Income Level, by Commitment Value; Figure 2.4 Portfolio Distribution by Country Income Level; Figure 2.5 Presence of SME Definition and Provision in Loan Agreement for IFC Financial Markets Investments, by Time Period; Table 2.1 Definition of SME in IFC TSME Board Documents; Box 2.1 Without Targeting, Projects Risk Losing Their FocusBox 2.2 Defining and Targeting - IFC's Investment Project in a Nicaraguan BankThe World Bank Group promotes small and medium enterprise (SME) growth through both systemic and targeted interventions. 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 period. In the context of broader reforms, such targeted support can be a powerful tool. Targeting SMEs is not an end in itself, but a means to create economies that can employ more people and create more opportunity forWorld Bank e-Library.Economic development projectsDeveloping countriesEvaluationEconomic developmentDeveloping countriesSmall businessDeveloping countriesEconomic development projectsEvaluation.Economic developmentSmall business338.6/42091724World Bank.DLCDLCDLCBOOK9910788188603321The big business of small enterprises3712883UNINA