This report profiles 52 business
women, representing countries where IFC works across the
Pacific region, in 30 case studies. Women in the report
share lessons in starting their businesses, and describe the
obstacles and opportunities they encountered in their
pursuit of growth. By revealing their future plans, the
women provide inspiration for current and future business
women of the Pacific to pursue greater entrepreneurial

Women's contributions to poverty
reduction, economic growth, and private sector development
are increasingly recognized globally. A growing amount of
research demonstrates the link between women's
empowerment and societal well-being. Yet research also
indicates that woman's economic contributions continue
to lag behind their achievements in health and education,
and a variety of barriers still prevent women in many parts

This study examines the constraints on
the housing sector in Afghanistan. It evaluates government
policy on housing, looks at the state of housing finance,
and examines legal and regulatory barriers with a bearing on
the housing market. The report provides policy
recommendations aimed at helping to develop a private-sector
led housing market. To assist in formulating policies and
implementing actions, the study recommends forming a housing

This approach resulted in the
fragmentation of agricultural holdings, with families owning
noncontiguous plots. Land use was inefficient, owing in part
to the low rate of use of agricultural machinery. Making
land use and farming more efficient will require the
establishment of a functioning land market. Granting farmers
the right to sell, exchange, and lease their land will
enable them to use it as collateral and to consolidate

The report is structured as follows.
Section one examines the contribution of the rural economy
to the national economy, the structure of the farm and
non-farm sectors and their relative importance. Section two
describes policies and constraints affecting the wider rural
economy including, reforms in macro-economic management,
recent external influences and financial services before
discussing those which relate specifically to agriculture

Sri Lanka has embarked on a gradual
transition from a system of directed credit in a highly
segmented market toward an integrated market-driven housing
finance system. This transition has included an increased
role of private universal banks in the immediate term and a
functioning secondary mortgage market in the long term. An
active system of housing finance provides real economic
benefits and positively affects savings, investment, and

Bangladesh has recorded impressive
economic and social gains since the 1990s. Recent growth has
been at levels close to six percent. The country has doubled
per capita growth and taken large strides toward reaching
many Millennium Development Goals (MDGs), ahead of many
comparable countries. Attaining the MDGs calls for
accelerating economic growth to six-seven percent a year.
Accordingly, Bangladesh's Poverty Reduction Strategy

This paper assesses the state of
research and examines priorities for future work in the area
of urbanization and growth. This is done by reviewing and
summarizing the findings of five scoping papers covering the
following topics: urban poverty, the political economy of
urban poverty, urban real estate and housing, urban
infrastructure finance, and external assistance for urban development.

This paper compares and contrasts the
performance of rural and urban manufacturing firms in
Ethiopia to assess the impact of market integration and the
investment climate on firm performance. Rural firms are
shown to operate in isolated markets, have poor access to
infrastructure and a substantial degree of market power,
whereas urban firms operate in better integrated and more
competitive markets, where they have much better access to

This paper tests the hypothesis that
enterprises may forgo formal finance in lieu of informal
credit by choice. They do so to avoid the additional
regulatory scrutiny and harassment that engaging with the
formal financial sector invites. We test this hypothesis
using enterprise-level data on 3,564 enterprises in 29
countries. In this sample, enterprises finance
approximately 57 percent of their working capital

This report was prepared in close
collaboration with the Bank of Albania. This report focused
on trade, services, and agriculture; however, the limited
scope of their operations still leaves a potentially large
unmet demand for credit in agriculture. This report focuses
on problems related to the operation of Immovable Property
Registry System (IPRS) and other institutions and the
formalization of property rights and inscription of

The high levels of public debt and
persistent fiscal deficits limit Organization of Eastern
Caribbean States (OECS) governments' ability to pursue
counter-cyclical fiscal policies during future economic
downturns, leaving private investment as the key driver of
future growth. This study on private sector financing in the
OECS analyzes the issue of access to finance from three
different angles: the demand side; the supply side; and the