The financing gap for micro, small and medium-sized enterprises (MSMEs) in Latin America and the Caribbean was estimated at $1.2 trillion in 2017, nearly a quarter of the global emerging market total. If this gap were a country, not only would it be a credit desert for most inhabitants, but it would edge out Mexico as number 15 on the list of the world’s largest economies in … [Read more...] about How can character count toward identifying good credit clients?
Women do more unpaid work than men, with significant consequences for the economy. From India to Denmark, the pattern is the same. While women invest an average of 4.5 hours per day in unpaid work, men invest barely 1.5 hours. It is estimated that the unpaid work that women do worldwide is equal to $12 trillion a year, or 11% of global GDP for the year 2025. In the case of … [Read more...] about How men and women sharing the workload can promote regional growth