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Promoting Entrepreneurship in Vulnerable Economies

Harvard Business Review

Foreign aid, which can account for to up to 97 percent of a nation's GDP, is neither a long-term nor a sustainable solution to help the citizens of these fragile countries. Chief among these are access to capital, access to markets, and access to networks and skills development. SME owners face a slew of obstacles in conflict zones.

GDP 14
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The Global Rise of Female Entrepreneurs

Harvard Business Review

Women-owned entities in the formal sector represent approximately 37% of enterprises globally — a market worthy of attention by businesses and policy makers alike. But, as participants in these programs regularly articulate, they are insufficient without access to capital and markets.

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Globalization Is Becoming More About Data and Less About Stuff

Harvard Business Review

Today growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon. We find that over the last decade, global flows of goods, services, finance, people, and data have contributed at least 10% of world GDP, adding $7.8 The same is true for cross-border financial flows.

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Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business Review

they account for 50% of employment and 45% of GDP. Young firms face many existential threats related to managing internal financial and human resources and external relationships with customers, suppliers, investors and competitors. Firms applied for credit to finance recovery. Challenge risk financing conventions.