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Angel Investors as Startup Enablers in the Developing World

A normative definition that I use as a recovering angel investor myself is that an angel investor actively helps a seed stage startup succeed with both mentorship and capital in exchange for those intangible benefits of mentorship and a return on investment.  In World Bank parlance, then, they automatically provide both investments and technical assistance with no agency costs; a great recipe for solving multiple problems (funding capacity, entrep

When Business Gets Personal: How Laws Affect Women's Economic Opportunities

12-12-12 marks an auspicious day on which couples are rushing to get married. Globally, many women and men have been waiting for this day to mark as the day they got married. Those who miss it will need to wait 100 years to have another chance like this one again.

When Business Gets Personal: How Laws Affect Women's Economic Opportunities

12-12-12 marks an auspicious day on which couples are rushing to get married. Globally, many women and men have been waiting for this day to mark as the day they got married. Those who miss it will need to wait 100 years to have another chance like this one again.

SME Policy Monitor in the Western Balkans, Turkey and Eastern Partnership Countries

Employing the so-called SME Policy Index, two joint EC-OECD-EBRD-ETF reports find progress in SME policy development in the above regions, with the Western Balkan countries and Turkey being at a more advanced stage across all dimensions. The authors of this focus piece find that the SME Policy Index 2012 is reasonably well correlated with the SMEs’ share in employment and bank lending to SMEs.… Read more

SME Policy Monitor in the Western Balkans, Turkey and Eastern Partnership Countries

Employing the so-called SME Policy Index, two joint EC-OECD-EBRD-ETF reports find progress in SME policy development in the above regions, with the Western Balkan countries and Turkey being at a more advanced stage across all dimensions. The authors of this focus piece find that the SME Policy Index 2012 is reasonably well correlated with the SMEs’ share in employment and bank lending to SMEs.… Read more

Istanbul will move faster with new Bosphorus tunnel

Some 13 million people live in Turkey’s largest city.  But getting around Istanbul isn’t always easy for tens of thousands of commuters who have to use ferries or cross the Bosphorus by bridge.

New Bosphorus tunnel in Istanbul to connect Europe and Asia

Video: The EBRD is partipating in a landmark infrastructure project in Istanbul – the Eurasia Tunnel. The road tunnel will be build under the Bosphorus Straits and will link the European and Asian sides of the city. EBRD Managing Director of Infrastructure, Thomas Maier: new project provides a blueprint to fund more infrastructure projects in Turkey and the region.… Read more

Illicit Enrichment uncovered – and discovering the best ways to fight it

When a modestly paid public official is suddenly able to take lavish holidays, buy a new sports car, or purchase expensive jewelry it raises eyebrows - and suspicion. Corruption may be suspected but it is often frustratingly difficult to prove – so what is the best way to deal with the sources of unknown wealth?

Illicit Enrichment uncovered – and discovering the best ways to fight it

When a modestly paid public official is suddenly able to take lavish holidays, buy a new sports car, or purchase expensive jewelry it raises eyebrows - and suspicion. Corruption may be suspected but it is often frustratingly difficult to prove – so what is the best way to deal with the sources of unknown wealth?

Microfinance at the Margin: EBRD economists publish second Impact Brief online

No collateral, no business experience – no loan. Many aspiring entrepreneurs face this scenario each day, now more than ever. Most financial institutions remain cautious in the current business climate and still refrain from lending mon

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