South Africa : Reducing Financial Constraints to Emerging Enterprises
South Africa's black enterprise sector is a residual employer with an important role to play in improving welfare and alleviating poverty. It is also a source of dynamic and potentially dynamic firms that create wealth and generate employment....
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| Format: | Brief |
| Language: | English |
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2012
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| Online Access: | http://documents.worldbank.org/curated/en/1995/09/12844980/south-africa-reducing-financial-constraints-emerging-enterprises http://hdl.handle.net/10986/9987 |
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okr-10986-99872021-04-23T14:02:48Z South Africa : Reducing Financial Constraints to Emerging Enterprises Riley, Thyra A. ACCESS TO COLLATERAL ACCESS TO FINANCIAL SERVICES ACCESS TO INFORMATION ACCESS TO RESOURCES ACCOUNTING APARTHEID APEX INSTITUTION ARREARS BANK ASSETS BANKING SYSTEM BLACK MARKET BORROWER CAPITALIZATION COLLATERAL COLLATERAL FOR LOANS COMMERCIAL BANK COMMERCIAL BANK ASSETS COMMERCIAL BANKING COMMERCIAL BANKS COMPETITIVE MARKET CONTRACTUAL SAVINGS CONTRACTUAL SAVINGS INSTITUTIONS COST STRUCTURES DEVELOPMENT CORPORATIONS DONOR FUNDS ECONOMIC GROWTH EMPLOYER EMPLOYMENT GROWTH ENTREPRENEURS EXPOSURE FINANCE INSTITUTIONS FINANCIAL CONSTRAINTS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL NEEDS FINANCIAL SYSTEM FINANCIAL SYSTEMS FIRMS FORMAL ECONOMY FORMAL FINANCIAL SECTOR GROSS DOMESTIC PRODUCT GROWTH RATE GUARANTEE SCHEME INCOME INCOMES INEQUALITIES INFORMAL ECONOMY INSTITUTIONAL DEVELOPMENT INTERNATIONAL BEST PRACTICE INTERNATIONAL BEST PRACTICES INTERNATIONAL STANDARDS INVESTMENT BANKS INVESTMENT FUNDS LABOR MARKET LENDERS LEVEL PLAYING FIELD LOAN LOAN REPAYMENT LOAN REPAYMENT RATES LOAN SIZES MANUFACTURERS MARKET CONDITIONS MARKET CONSTRAINTS MEDIUM ENTERPRISES MICROENTERPRISES NEW BUSINESSES NONGOVERNMENTAL ORGANIZATIONS OPERATIONAL EFFICIENCY OUTREACH PORTFOLIO PORTFOLIO OF LOANS PROFITABILITY RETAIL ENTERPRISES SAVINGS SAVINGS INSTITUTIONS SMALL BUSINESS SMALL BUSINESSES SMALL ENTERPRISES TECHNICAL ASSISTANCE TECHNICAL SUPPORT TRACK RECORD TRANSACTIONS COSTS TURNOVER UNEMPLOYMENT VENDORS WORKING CAPITAL South Africa's black enterprise sector is a residual employer with an important role to play in improving welfare and alleviating poverty. It is also a source of dynamic and potentially dynamic firms that create wealth and generate employment. The challenge facing South Africa is to design an institutional framework that accords black enterprises much broader access to financial services, training, and technical assistance. That framework is contained in the government's policy paper, National Strategy for the Development and Promotion of Small Business in South Africa. Details of the institutional framework to increase access to financial services by emerging enterprises are discussed here. Like South Africa, many countries in Africa, Asia, and Latin America face severe unemployment, a stagnant formal economy and a burgeoning informal economy made up of small enterprises which constitute the only means of livelihood for a substantial share of the population. South Africa's efforts to develop its formal financial sector's capacity to serve the needs of small, new businesses offers potentially interesting lessons for other countries. 2012-08-13T10:04:06Z 2012-08-13T10:04:06Z 1995-09 http://documents.worldbank.org/curated/en/1995/09/12844980/south-africa-reducing-financial-constraints-emerging-enterprises http://hdl.handle.net/10986/9987 English Africa Region Findings & Good Practice Infobriefs; No. 48 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Brief Publications & Research Africa South Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO COLLATERAL ACCESS TO FINANCIAL SERVICES ACCESS TO INFORMATION ACCESS TO RESOURCES ACCOUNTING APARTHEID APEX INSTITUTION ARREARS BANK ASSETS BANKING SYSTEM BLACK MARKET BORROWER CAPITALIZATION COLLATERAL COLLATERAL FOR LOANS COMMERCIAL BANK COMMERCIAL BANK ASSETS COMMERCIAL BANKING COMMERCIAL BANKS COMPETITIVE MARKET CONTRACTUAL SAVINGS CONTRACTUAL SAVINGS INSTITUTIONS COST STRUCTURES DEVELOPMENT CORPORATIONS DONOR FUNDS ECONOMIC GROWTH EMPLOYER EMPLOYMENT GROWTH ENTREPRENEURS EXPOSURE FINANCE INSTITUTIONS FINANCIAL CONSTRAINTS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL NEEDS FINANCIAL SYSTEM FINANCIAL SYSTEMS FIRMS FORMAL ECONOMY FORMAL FINANCIAL SECTOR GROSS DOMESTIC PRODUCT GROWTH RATE GUARANTEE SCHEME INCOME INCOMES INEQUALITIES INFORMAL ECONOMY INSTITUTIONAL DEVELOPMENT INTERNATIONAL BEST PRACTICE INTERNATIONAL BEST PRACTICES INTERNATIONAL STANDARDS INVESTMENT BANKS INVESTMENT FUNDS LABOR MARKET LENDERS LEVEL PLAYING FIELD LOAN LOAN REPAYMENT LOAN REPAYMENT RATES LOAN SIZES MANUFACTURERS MARKET CONDITIONS MARKET CONSTRAINTS MEDIUM ENTERPRISES MICROENTERPRISES NEW BUSINESSES NONGOVERNMENTAL ORGANIZATIONS OPERATIONAL EFFICIENCY OUTREACH PORTFOLIO PORTFOLIO OF LOANS PROFITABILITY RETAIL ENTERPRISES SAVINGS SAVINGS INSTITUTIONS SMALL BUSINESS SMALL BUSINESSES SMALL ENTERPRISES TECHNICAL ASSISTANCE TECHNICAL SUPPORT TRACK RECORD TRANSACTIONS COSTS TURNOVER UNEMPLOYMENT VENDORS WORKING CAPITAL |
| spellingShingle |
ACCESS TO COLLATERAL ACCESS TO FINANCIAL SERVICES ACCESS TO INFORMATION ACCESS TO RESOURCES ACCOUNTING APARTHEID APEX INSTITUTION ARREARS BANK ASSETS BANKING SYSTEM BLACK MARKET BORROWER CAPITALIZATION COLLATERAL COLLATERAL FOR LOANS COMMERCIAL BANK COMMERCIAL BANK ASSETS COMMERCIAL BANKING COMMERCIAL BANKS COMPETITIVE MARKET CONTRACTUAL SAVINGS CONTRACTUAL SAVINGS INSTITUTIONS COST STRUCTURES DEVELOPMENT CORPORATIONS DONOR FUNDS ECONOMIC GROWTH EMPLOYER EMPLOYMENT GROWTH ENTREPRENEURS EXPOSURE FINANCE INSTITUTIONS FINANCIAL CONSTRAINTS FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL NEEDS FINANCIAL SYSTEM FINANCIAL SYSTEMS FIRMS FORMAL ECONOMY FORMAL FINANCIAL SECTOR GROSS DOMESTIC PRODUCT GROWTH RATE GUARANTEE SCHEME INCOME INCOMES INEQUALITIES INFORMAL ECONOMY INSTITUTIONAL DEVELOPMENT INTERNATIONAL BEST PRACTICE INTERNATIONAL BEST PRACTICES INTERNATIONAL STANDARDS INVESTMENT BANKS INVESTMENT FUNDS LABOR MARKET LENDERS LEVEL PLAYING FIELD LOAN LOAN REPAYMENT LOAN REPAYMENT RATES LOAN SIZES MANUFACTURERS MARKET CONDITIONS MARKET CONSTRAINTS MEDIUM ENTERPRISES MICROENTERPRISES NEW BUSINESSES NONGOVERNMENTAL ORGANIZATIONS OPERATIONAL EFFICIENCY OUTREACH PORTFOLIO PORTFOLIO OF LOANS PROFITABILITY RETAIL ENTERPRISES SAVINGS SAVINGS INSTITUTIONS SMALL BUSINESS SMALL BUSINESSES SMALL ENTERPRISES TECHNICAL ASSISTANCE TECHNICAL SUPPORT TRACK RECORD TRANSACTIONS COSTS TURNOVER UNEMPLOYMENT VENDORS WORKING CAPITAL Riley, Thyra A. South Africa : Reducing Financial Constraints to Emerging Enterprises |
| geographic_facet |
Africa South Africa |
| relation |
Africa Region Findings & Good Practice Infobriefs; No. 48 |
| description |
South Africa's black enterprise
sector is a residual employer with an important role to play
in improving welfare and alleviating poverty. It is also a
source of dynamic and potentially dynamic firms that create
wealth and generate employment. The challenge facing South
Africa is to design an institutional framework that accords
black enterprises much broader access to financial services,
training, and technical assistance. That framework is
contained in the government's policy paper, National
Strategy for the Development and Promotion of Small Business
in South Africa. Details of the institutional framework to
increase access to financial services by emerging
enterprises are discussed here. Like South Africa, many
countries in Africa, Asia, and Latin America face severe
unemployment, a stagnant formal economy and a burgeoning
informal economy made up of small enterprises which
constitute the only means of livelihood for a substantial
share of the population. South Africa's efforts to
develop its formal financial sector's capacity to serve
the needs of small, new businesses offers potentially
interesting lessons for other countries. |
| format |
Publications & Research :: Brief |
| author |
Riley, Thyra A. |
| author_facet |
Riley, Thyra A. |
| author_sort |
Riley, Thyra A. |
| title |
South Africa : Reducing Financial Constraints to Emerging Enterprises |
| title_short |
South Africa : Reducing Financial Constraints to Emerging Enterprises |
| title_full |
South Africa : Reducing Financial Constraints to Emerging Enterprises |
| title_fullStr |
South Africa : Reducing Financial Constraints to Emerging Enterprises |
| title_full_unstemmed |
South Africa : Reducing Financial Constraints to Emerging Enterprises |
| title_sort |
south africa : reducing financial constraints to emerging enterprises |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1995/09/12844980/south-africa-reducing-financial-constraints-emerging-enterprises http://hdl.handle.net/10986/9987 |
| _version_ |
1764411399796162560 |