LEADER 05632oam 22007095 450 001 9910818951603321 005 20240405200119.0 010 $a1-4648-0377-3 024 7 $a10.1596/978-1-4648-0376-5 035 $a(CKB)2670000000594048 035 $a(EBL)1953213 035 $a(SSID)ssj0001406801 035 $a(PQKBManifestationID)11822787 035 $a(PQKBTitleCode)TC0001406801 035 $a(PQKBWorkID)11402202 035 $a(PQKB)10661875 035 $a(MiAaPQ)EBC1953213 035 $a(DLC) 2014028667 035 $a(Au-PeEL)EBL1953213 035 $a(CaPaEBR)ebr11017950 035 $a(CaONFJC)MIL726275 035 $a(OCoLC)884440352 035 $a(The World Bank)18230975 035 $a(US-djbf)18230975 035 $a(EXLCZ)992670000000594048 100 $a20140717d2014 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cn$2rdamedia 183 $anc$2rdacarrier 200 04$aThe big business of small enterprises $eevaluation of the World Bank Group experience with targeted support to small and medium-size businesses, 2006-12 205 $a1st ed. 210 1$aWashington, DC :$cWorld Bank,$d[2014] 215 $a1 online resource(xliv, 214 pages)$cillustrations ;$d26 cm 300 $aDescription based upon print version of record. 311 $a1-4648-0376-5 311 $a1-322-94993-X 320 $aIncludes bibliographical references and index. 327 $aCover; 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? 327 $aTable 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 Projects 327 $aFigure 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 Institutions 327 $aFigure 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 SMEs 327 $aFigure 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 Focus 327 $aBox 2.2 Defining and Targeting - IFC's Investment Project in a Nicaraguan Bank 330 $aThe World Bank Group promotes small and medium enterprise (SME) growth through both systemic and targeted interventions. Targeting means focusing benefits on one size-class of firms to the exclusion of others. Targeted support for SMEs is a big business for the World Bank Group, averaging around 3 billion a year in commitments, expenditures, and gross exposure over the 2006-12 period. In the context of broader reforms, such targeted support can be a powerful tool. Targeting SMEs is not an end in itself, but a means to create economies that can employ more people and create more opportunity for 410 0$aWorld Bank e-Library. 606 $aEconomic development projects$zDeveloping countries$xEvaluation 606 $aEconomic development$zDeveloping countries 606 $aSmall business$zDeveloping countries 615 0$aEconomic development projects$xEvaluation. 615 0$aEconomic development 615 0$aSmall business 676 $a338.6/42091724 712 02$aWorld Bank. 801 0$bDLC 801 1$bDLC 801 2$bDLC 906 $aBOOK 912 $a9910818951603321 996 $aThe big business of small enterprises$93968389 997 $aUNINA