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AttributionPlease cite the work as follows: World Bank. 2014. The Big Business of Small Enterprises: Evaluation of the World Bank Group Experience with Targeted Support to Small and Medium-Size Enterprises, 200612. Washington, DC: World Bank. doi:10.1596/978-1-4648-0376-5. License: Creative Commons Attribution CC BY 3.0 IGO
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ISBN (paper): 978-1-4648-0376-5
ISBN (electronic): 978-1-4648-0377-2
DOI: 10.1596/978-1-4648-0376-5
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Library of Congress Cataloging-in-Publication Data
The big business of small enterprises: evaluation of the World Bank Group experience with targeted support to small and medium-size businesses, 2006-12.
pages cm
Includes bibliographical references.
ISBN 978-1-4648-0376-5 ISBN 978-1-4648-0377-2 (ebk)
1. Small businessDeveloping countries. 2. Economic development projectsDeveloping countriesEvaluation. 3. Economic developmentDeveloping countries. 4. World BankDeveloping countries I. World Bank.
HD2346.5.B52 2014
338.642091724dc23
2014025856
Contents
Abbreviations |
Acknowledgments |
Overview |
Management Response |
Management Action Record |
Chairpersons Summary: Committee on Development Effectiveness |
| The Logic of Targeted SME Support |
Literature Analysis |
Scope of This Evaluation: Targeted Support to SMEs |
Portfolio Review: SMEs Are Big Business for the World Bank Group |
Theory of ChangeConnecting Support to Outcomes |
Evaluation Design |
| IFC Support for SMEs |
Rationale |
IFC Investments for Targeted Support to SMEs |
IFC Advisory Services for Targeted Support to SMEs |
| MIGAs Targeted Support to SMEs |
Rationale |
MIGA Guarantee Portfolio Overview for Targeted Support to SMEs |
MIGAs SME Portfolio: FY0612 |
SIP Portfolio |
MIGAS Regular Guarantee SME Projects |
Overall Conclusion |
| The World Banks Targeted Support for SMEs |
Rationale |
World Bank Lending Portfolio |
Efficacy of the World Banks Lending Portfolio for TSME |
Efficiency of the World Bank TSME Lending Portfolio |
Work Quality |
World Bank Analytic and Advisory Work |
| Conclusions and Recommendations |
Motivation |
The Logic of Targeted Support for SMEs |
IFC and Targeted Support to SMEs |
MIGA and Targeted Support for SMEs |
Small Investment Program |
The World Bank and Targeted Support for SMEs |
Conclusions and Recommendations |
Appendices |
Appendix A | Portfolio Review Methodology |
Appendix B | Methodology and Finding of Statistical and Econometric Analysis of Enterprise Survey and Portfolio Data |
Appendix C | Econometric Analyses of IFC and World Bank SME Lending Projects: Drivers of Successful Development Outcomes |
Appendix D | Social Media Outreach |
Bibliography |