Increasing the Participation of Women Entrepreneurs in the Solomon Islands Aid Economy

International aid flows are equivalent to almost half of Solomon Islands' economy, making it one of the most aid-dependent countries in the world. Around US$250 million of non-military aid enters the country, but only 15-20 percent of this amount is spent locally through local procurement or staff expenditure. Solomon Islands are currently highly reliant on logging for export receipts, Government revenues, and employment. But existing stocks of natural forest logs are expected to be entirely exhausted by 2014. The Solomon Islands Government approached the World Bank Group to identify alternative sources of revenue, foreign exchange receipts, and employment in the absence of logging. In responding to this request, the World Bank Group has undertaken extensive analytical work examining short and medium-term prospects for economic growth in Solomon Islands, under the sources of growth project. This report contributes to the sources of growth work, and is informed by its findings. A key conclusion arising from sources of growth analysis is that aid is likely to remain a key part of the Solomon Islands economy for the near future. The existence of an international security guarantee, backed by the presence of an international peacekeeping force, is paramount for security, and investment certainty. In the absence of clear or certain alternatives to logging, and in the context of rapid population growth, current levels of service delivery will continue to depend on high levels of aid expenditure.

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Bibliographic Details
Main Author: World Bank
Format: Report biblioteca
Language:English
en_US
Published: Washington, DC 2011
Subjects:ACCESS TO CAPITAL, ACCESS TO FINANCE, ACCESS TO FINANCIAL SERVICES, ACCESS TO TRAINING, ACCOUNT, ACCOUNTING, ACCOUNTS, BANK FINANCING, BANK LOANS, BANK OFFICE, BARRIERS TO ENTRY, BARRIERS TO WOMEN, BILLS, BORROWING, BRIBES, BUSINESS ACTIVITIES, BUSINESS ACTIVITY, BUSINESS ADVICE, BUSINESS ASSISTANCE, BUSINESS ASSOCIATION, BUSINESS ASSOCIATIONS, BUSINESS CENTER, BUSINESS COMMUNITY, BUSINESS COSTS, BUSINESS DEVELOPMENT, BUSINESS ENABLING, BUSINESS ENABLING ENVIRONMENT, BUSINESS ENTERPRISE, BUSINESS ENVIRONMENT, BUSINESS EXPANSION, BUSINESS EXPERIENCE, BUSINESS FAILURES, BUSINESS GROWTH, BUSINESS IDEA, BUSINESS IDEAS, BUSINESS INCUBATION, BUSINESS INCUBATOR, BUSINESS INFORMATION, BUSINESS LOAN, BUSINESS LOCATION, BUSINESS MODELS, BUSINESS NEEDS, BUSINESS OPERATIONS, BUSINESS OPPORTUNITIES, BUSINESS PEOPLE, BUSINESS PLAN, BUSINESS PLANNING, BUSINESS REGULATIONS, BUSINESS SKILLS, BUSINESS SUPPORT, BUSINESS TRAINING, BUSINESSWOMAN, BUSINESSWOMEN, BUYERS, CAPITAL CONSTRAINTS, CAPITAL COSTS, CHAMBER OF COMMERCE, COLLATERAL, COMMERCIAL BANKS, COMMODITIES, COMPETITIVENESS, CONSTANT RETURNS TO SCALE, CONTRACTORS, CUSTOMER BASE, CUSTOMS, CUSTOMS CLEARANCE, DELIVERY OF GOODS, DEPOSITS, DEPRECIATION, DEVELOPMENT ASSISTANCE, DEVELOPMENT BANK, DISPOSABLE INCOMES, DONOR FUNDING, DONOR SUPPORT, DRINKING WATER, ECONOMIC CRISIS, ECONOMIC DEVELOPMENT, ECONOMIC EMPOWERMENT, ECONOMIC GROWTH, ECONOMIC IMPACT, ECONOMICS, EMPIRICAL EVIDENCE, EMPLOYEE, EMPLOYER, EMPOWERMENT OF WOMEN, ENTERPRISE CENTER, ENTREPRENEUR, ENTREPRENEURIAL ACTIVITY, ENTREPRENEURIAL CAPACITY, ENTREPRENEURIAL SKILLS, ENVIRONMENTAL, ENVIRONMENTS, EQUIPMENT, EXCHANGE RATE, EXPATRIATE, EXPATRIATES, EXPENDITURE, EXPLOITATION, EXPORT SECTOR, EXPORT SECTORS, FAMILIES, FAMILY BUSINESSES, FEMALE ENTREPRENEURS, FINANCIAL ANALYSIS, FINANCIAL CAPACITY, FINANCIAL LITERACY, FINANCIAL RESOURCES, FINANCIAL SUPPORT, FIXED COSTS, FOREIGN DONORS, FOREIGN EXCHANGE, FOREIGN INVESTMENT, FORMAL ECONOMY, FORMAL OWNERSHIP, GENDER, GENDER EQUALITY, GEOGRAPHICAL AREAS, GLOBAL ECONOMY, GOOD PRACTICES, GOVERNMENT ACCOUNTING, GOVERNMENT ORGANIZATIONS, GOVERNMENT POLICY, GOVERNMENT REGULATIONS, GOVERNMENT REVENUES, HANDICRAFTS, HARDWARE, HOUSEHOLDS, HUMAN CAPITAL, HUMAN RESOURCE, HUMAN RESOURCES, HUSBAND, INFORMATION GAPS, INFORMATION TECHNOLOGY, INITIAL INVESTMENT, INNOVATION, INTEREST RATE, INTERNATIONAL BANK, INTERNATIONAL BUSINESS, INTERNATIONAL COMPANIES, INTERNATIONAL FINANCE, INTERNATIONAL STANDARDS, LABOR FORCE, LABOR MARKETS, LACK OF ACCESS, LACK OF KNOWLEDGE, LAND ISSUES, LAND REGISTRATION, LIMITED ACCESS, LIMITED ACCESS TO FINANCE, LOANS FOR BUSINESS, LOGGING, MANAGEMENT SERVICES, MANUFACTURING, MARGINAL COST, MARKET INFORMATION, MARKET OPPORTUNITIES, MARKET POWER, MARKET RESEARCH, MARKET SEGMENT, MARKETING, MEDIUM ENTERPRISE, MICRO-FINANCE, NEW BUSINESSES, NEW MARKET, NEW MARKETS, NEWSLETTERS, OPPORTUNITIES FOR WOMEN, OUTSOURCING, OVERSEAS TRAINING, PDF, PHOTO, POPULATION GROWTH, POTENTIAL INVESTORS, PRIVATE SECTOR, PRIVATE SECTOR DEVELOPMENT, PROCUREMENT, PROCUREMENT PROCESSES, PRODUCERS, PRODUCTION PROCESS, PRODUCTIVITY, PRODUCTIVITY GROWTH, PROFITABILITY, PUBLIC GOOD, QUALITY STANDARDS, QUANTITATIVE METHODS, REAL ESTATE, RECEIPTS, RECYCLING, REGISTRATION PROCESSES, REINVESTMENT, REPAYMENTS, RESOURCE MANAGEMENT, RESULTS, SCHOLARSHIP, SCHOLARSHIPS, SECURITY SERVICES, SELLING, SITES, SMALL BUSINESS, SMALL BUSINESSES, SOCIAL RESPONSIBILITY, SOURCE OF INFORMATION, SPREADSHEET, START-UP, SUBSIDIZATION, SUPPLY CHAINS, TECHNICAL ASSISTANCE, TECHNICAL SKILLS, TRAINING CENTRE, TRAINING COURSES, TUITION, UNEMPLOYMENT, UNFAIR COMPETITION, UNIT COSTS, URBAN AREAS, WAGE DIFFERENTIAL, WAGES, WOMAN, WOMAN ENTREPRENEUR, WOMAN ENTREPRENEURS, WOMEN BUSINESS OWNERS, WOMEN ENTREPRENEURS, WOMEN IN BUSINESS,
Online Access:http://documents.worldbank.org/curated/en/894351468112756106/Increasing-the-participation-of-women-entrepreneurs-in-the-Solomon-Islands-aid-economy
http://hdl.handle.net/10986/27893
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Summary:International aid flows are equivalent to almost half of Solomon Islands' economy, making it one of the most aid-dependent countries in the world. Around US$250 million of non-military aid enters the country, but only 15-20 percent of this amount is spent locally through local procurement or staff expenditure. Solomon Islands are currently highly reliant on logging for export receipts, Government revenues, and employment. But existing stocks of natural forest logs are expected to be entirely exhausted by 2014. The Solomon Islands Government approached the World Bank Group to identify alternative sources of revenue, foreign exchange receipts, and employment in the absence of logging. In responding to this request, the World Bank Group has undertaken extensive analytical work examining short and medium-term prospects for economic growth in Solomon Islands, under the sources of growth project. This report contributes to the sources of growth work, and is informed by its findings. A key conclusion arising from sources of growth analysis is that aid is likely to remain a key part of the Solomon Islands economy for the near future. The existence of an international security guarantee, backed by the presence of an international peacekeeping force, is paramount for security, and investment certainty. In the absence of clear or certain alternatives to logging, and in the context of rapid population growth, current levels of service delivery will continue to depend on high levels of aid expenditure.