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informal mechanisms Tagged Articles
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Diversifying Financial Assets for Poor People: Micropensions as a Tool to Build Wealth
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| Poor people need access to a variety of real and financial assets to build wealth. While using both formal and informal mechanisms, they seek the same financial goals as the rich, such as capital appreciation, risk mitigation, capital preservation, and financial leverage (i.e., increasing expected rates of return by assuming more risk). |
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Other informal mechanisms Related Articles
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Ending poverty means abandoning charity and accepting reality
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| Benin Mwangi, who blogs about doing business in Africa, asked me recently: "should the discussion be about how to get the informal sector to become part of the formal sector or should it be how to cater to the informal sector?" This in an excursion into the morass of African poverty and development.
The short answer is: neither; ending poverty has nothing to do with the informal sector.
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4.0 The state of women’s enterprises in Tanzania: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
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| Currently, there is no comprehensive data on the number of women in the MSME
sector, the size of their enterprises, or their distribution by sector. Only proxies are
available. In NISS (1991) women accounted for about 35 per cent of informal
enterprises. By 1995, it was estimated that the proportion of women in the sector could
have risen to 70 per cent of the informal sector labour force. In a 2000 Economic and
Social Research Foundation (ESRF) study, 55 per cent of the enterprises in the sample
were owned by women (as reported in Mlingi, 2000, p. 89). Swisscontact (2003)
estimated that women owned 43 per cent of MSEs. |
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10.2 Pre-start-up training: Support for Growth-oriented Women Entrepreneurs in Tanzania, 2005
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| Data from a 1997-98 training needs assessment of informal sector operators found
that over 75 per cent of informal sector operators had primary education, while only
seven per cent had attended vocational training courses. Most had acquired their skills in
a variety of trades through apprenticeships or directly from their peers, but were unaware
of the theoretical aspects (reported in Mlingi, 2000, p. 81). Only 5.3 per cent of the MSEs
in the Swisscontact (2003) study had received any entrepreneurship training, and even
fewer in new product technologies or costing and pricing. This suggests that most MSEs
are “learning through trial and error” or from the practical know-how of other operators. |
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2.3 Looking for Financial Sustainability: Microfinance in Africa - Experience and Lessons from Selected African Countries
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| The technologies described above, based on the formalization of informal techniques and on
group-based instruments, have been used to promote financial sustainability of MFIs. They
have the advantage of addressing a number of problems faced by financial institutions when
operating with the poor or with the informal sector, for example, asymmetry of information,
lack of collateral, and difficult enforcement of legal rights. |
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Diversifying Financial Assets for Poor People: Micropensions as a Tool to Build Wealth
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| Poor people need access to a variety of real and financial assets to build wealth. While using both formal and informal mechanisms, they seek the same financial goals as the rich, such as capital appreciation, risk mitigation, capital preservation, and financial leverage (i.e., increasing expected rates of return by assuming more risk). |
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5.12 Social dialogue: Working Out of Poverty
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| Promotion of tripartite mechanisms to strengthen the decent work dimensions
of national economic and social development policies aimed
at poverty reduction. |
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Micro-enterprise and the 'mobile divide'
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| New benefits and old inequalities in Nigeria's informal sector |
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4.1.2 Enterprises with growth potential: The demand for training
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| Most training strategies in the informal sector have targeted manufacturing microenterprises that are considered to have some growth potential. However, even within this relatively better-off segment of the informal sector, the effective demand for training has frequently been found to be quite limited. |
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SME's - The need for more thought by African governments on the informal sector
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| The importance of a proper informal sector policy. |
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How Powerful Is Your Denial
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| The defense mechanisms of denial and blame help to protect the fragile male ego. They also block him from creating a healthy self-image. |
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