Yemen Bringing Back Business Project : Risky Business - Impact of Conflict on Private Enterprises

Escalating in March 2015, the conflict spanning across Yemen has resulted in massive casualties, a wave of internally displaced persons, substantial infrastructure damage, and hampered service delivery across both the economy and society. The busin...

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Main Author: Sofan, Sami A
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/205781562185537178/Yemen-Bringing-Back-Business-Project-Risky-Business-Impact-of-Conflict-on-Private-Enterprises
http://hdl.handle.net/10986/32048
id okr-10986-32048
recordtype oai_dc
spelling okr-10986-320482021-05-25T09:25:53Z Yemen Bringing Back Business Project : Risky Business - Impact of Conflict on Private Enterprises Sofan, Sami A PRIVATE SECTOR DEVELOPMENT INTERNALLY DISPLACED PERSONS DEVELOPMENT FINANCE BANKING EMPLOYMENT ECONOMIC RECOVERY RECONSTRUCTION BUSINESS ENVIRONMENT CONFLICT-AFFECTED STATES ICT INFRASTRUCTURE INFORMATION AND COMMUNICATION TECHNOLOGY INVESTMENT CLIMATE Escalating in March 2015, the conflict spanning across Yemen has resulted in massive casualties, a wave of internally displaced persons, substantial infrastructure damage, and hampered service delivery across both the economy and society. The business climate across Yemen has dramatically deteriorated as a result of the conflict, and businesses throughout the country experienced severe disruptions that for many firms constituted a force majeure situation, hindering their ability to either operate effectively or plan ahead for the future. Addressing these challenges requires substantial effort by the GoY and the international community to support the resilience of the private sector and prevent its further deterioration and losses. The loss of private sector wealth and activity of this magnitude is part and parcel to the food insecurity, poverty, public health issues, and defunct service provision that plagues the war-fatigued population. As such, both in the future post-conflict setting and at present, engaging and revitalizing the Yemeni private sector is a crucial and indispensable step towards the successful reconstruction and recovery of Yemen, and the long-term well-being of the population. 2019-07-10T19:56:38Z 2019-07-10T19:56:38Z 2019-06 Report http://documents.worldbank.org/curated/en/205781562185537178/Yemen-Bringing-Back-Business-Project-Risky-Business-Impact-of-Conflict-on-Private-Enterprises http://hdl.handle.net/10986/32048 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: PSD, Privatization and Industrial Policy Middle East and North Africa Yemen, Republic of
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PRIVATE SECTOR DEVELOPMENT
INTERNALLY DISPLACED PERSONS
DEVELOPMENT FINANCE
BANKING
EMPLOYMENT
ECONOMIC RECOVERY
RECONSTRUCTION
BUSINESS ENVIRONMENT
CONFLICT-AFFECTED STATES
ICT INFRASTRUCTURE
INFORMATION AND COMMUNICATION TECHNOLOGY
INVESTMENT CLIMATE
spellingShingle PRIVATE SECTOR DEVELOPMENT
INTERNALLY DISPLACED PERSONS
DEVELOPMENT FINANCE
BANKING
EMPLOYMENT
ECONOMIC RECOVERY
RECONSTRUCTION
BUSINESS ENVIRONMENT
CONFLICT-AFFECTED STATES
ICT INFRASTRUCTURE
INFORMATION AND COMMUNICATION TECHNOLOGY
INVESTMENT CLIMATE
Sofan, Sami A
Yemen Bringing Back Business Project : Risky Business - Impact of Conflict on Private Enterprises
geographic_facet Middle East and North Africa
Yemen, Republic of
description Escalating in March 2015, the conflict spanning across Yemen has resulted in massive casualties, a wave of internally displaced persons, substantial infrastructure damage, and hampered service delivery across both the economy and society. The business climate across Yemen has dramatically deteriorated as a result of the conflict, and businesses throughout the country experienced severe disruptions that for many firms constituted a force majeure situation, hindering their ability to either operate effectively or plan ahead for the future. Addressing these challenges requires substantial effort by the GoY and the international community to support the resilience of the private sector and prevent its further deterioration and losses. The loss of private sector wealth and activity of this magnitude is part and parcel to the food insecurity, poverty, public health issues, and defunct service provision that plagues the war-fatigued population. As such, both in the future post-conflict setting and at present, engaging and revitalizing the Yemeni private sector is a crucial and indispensable step towards the successful reconstruction and recovery of Yemen, and the long-term well-being of the population.
format Report
author Sofan, Sami A
author_facet Sofan, Sami A
author_sort Sofan, Sami A
title Yemen Bringing Back Business Project : Risky Business - Impact of Conflict on Private Enterprises
title_short Yemen Bringing Back Business Project : Risky Business - Impact of Conflict on Private Enterprises
title_full Yemen Bringing Back Business Project : Risky Business - Impact of Conflict on Private Enterprises
title_fullStr Yemen Bringing Back Business Project : Risky Business - Impact of Conflict on Private Enterprises
title_full_unstemmed Yemen Bringing Back Business Project : Risky Business - Impact of Conflict on Private Enterprises
title_sort yemen bringing back business project : risky business - impact of conflict on private enterprises
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/205781562185537178/Yemen-Bringing-Back-Business-Project-Risky-Business-Impact-of-Conflict-on-Private-Enterprises
http://hdl.handle.net/10986/32048
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