Tag: Entrepreneurship
This paper reviews the evidence on what interventions designed to raise incomes in fragile states work, and whether stimulating employment promotes social stability. Skills training and microfinance have shown little impact on poverty or stability, especially relative to programme cost. In contrast, the evidence suggests that injections of capital (cash, capital goods, or livestock) may… Read more
Structural transformation and productive entrepreneurship can create jobs and accelerate growth. For many people living in poverty in Africa’s least developed countries, subsistence agriculture is the main source of employment. Jobs and growth will improve their chances of increasing their standard of living. However, progress of a dynamic private sector in industry or high value-added… Read more