What's Happening in the Missing Middle? : Lessons from Financing SMEs

Small and medium enterprises (SMEs) are the economic backbone of virtually every economy in the world. SMEs represent more than 95 percent of registered firms worldwide, account for more than 50 percent of jobs, and contribute more than 35 percent...

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Main Authors: Alibhai, Salman, Bell, Simon, Conner, Gillette
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/707491490878394680/Whats-happening-in-the-missing-middle-Lessons-from-financing-SMEs
http://hdl.handle.net/10986/26324
id okr-10986-26324
recordtype oai_dc
spelling okr-10986-263242021-05-25T10:54:44Z What's Happening in the Missing Middle? : Lessons from Financing SMEs Alibhai, Salman Bell, Simon Conner, Gillette Alibhai, Salman Bell, Simon Conner, Gillette SMEs FINANCE MICROFINANCE FINANCING SMEs WOMEN ENTREPRENEURS COLD WAVE Small and medium enterprises (SMEs) are the economic backbone of virtually every economy in the world. SMEs represent more than 95 percent of registered firms worldwide, account for more than 50 percent of jobs, and contribute more than 35 percent of Gross Domestic Product (GDP) in many emerging markets. Yet despite their vital role in almost every economy in the world, these enterprises remain significantly underserved by financial institutions. In an effort to bridge this financing gap, the World Bank Group works across a number of its Global Practices – and in conjunction with the International Finance Corporation’s Financial Institutions Group (FIG) and Cross-Cutting Advisory Services – to provide support to SMEs Bringing together the diverse expertise and perspectives of staff working across the institution, this compendium of lessons illuminates the World Bank Group`s experience with SMEs, exploring its policies and frameworks to support SMEs, analyzing innovations in the SME finance realm, and describing some country specific examples. These lessons will provide SME practitioners with practical guidance for their work with the SME sector, and will also inform and educate policymakers about interventions and approaches that they can consider. 2017-03-30T21:46:49Z 2017-03-30T21:46:49Z 2017-03-29 Working Paper http://documents.worldbank.org/curated/en/707491490878394680/Whats-happening-in-the-missing-middle-Lessons-from-financing-SMEs http://hdl.handle.net/10986/26324 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Africa East Asia and Pacific Middle East and North Africa South Asia China Ethiopia India Kenya Tunisia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic SMEs
FINANCE
MICROFINANCE
FINANCING SMEs
WOMEN ENTREPRENEURS
COLD WAVE
spellingShingle SMEs
FINANCE
MICROFINANCE
FINANCING SMEs
WOMEN ENTREPRENEURS
COLD WAVE
Alibhai, Salman
Bell, Simon
Conner, Gillette
What's Happening in the Missing Middle? : Lessons from Financing SMEs
geographic_facet Africa
East Asia and Pacific
Middle East and North Africa
South Asia
China
Ethiopia
India
Kenya
Tunisia
description Small and medium enterprises (SMEs) are the economic backbone of virtually every economy in the world. SMEs represent more than 95 percent of registered firms worldwide, account for more than 50 percent of jobs, and contribute more than 35 percent of Gross Domestic Product (GDP) in many emerging markets. Yet despite their vital role in almost every economy in the world, these enterprises remain significantly underserved by financial institutions. In an effort to bridge this financing gap, the World Bank Group works across a number of its Global Practices – and in conjunction with the International Finance Corporation’s Financial Institutions Group (FIG) and Cross-Cutting Advisory Services – to provide support to SMEs Bringing together the diverse expertise and perspectives of staff working across the institution, this compendium of lessons illuminates the World Bank Group`s experience with SMEs, exploring its policies and frameworks to support SMEs, analyzing innovations in the SME finance realm, and describing some country specific examples. These lessons will provide SME practitioners with practical guidance for their work with the SME sector, and will also inform and educate policymakers about interventions and approaches that they can consider.
author2 Alibhai, Salman
author_facet Alibhai, Salman
Alibhai, Salman
Bell, Simon
Conner, Gillette
format Working Paper
author Alibhai, Salman
Bell, Simon
Conner, Gillette
author_sort Alibhai, Salman
title What's Happening in the Missing Middle? : Lessons from Financing SMEs
title_short What's Happening in the Missing Middle? : Lessons from Financing SMEs
title_full What's Happening in the Missing Middle? : Lessons from Financing SMEs
title_fullStr What's Happening in the Missing Middle? : Lessons from Financing SMEs
title_full_unstemmed What's Happening in the Missing Middle? : Lessons from Financing SMEs
title_sort what's happening in the missing middle? : lessons from financing smes
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/707491490878394680/Whats-happening-in-the-missing-middle-Lessons-from-financing-SMEs
http://hdl.handle.net/10986/26324
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