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How a new insolvency regime increases opportunities for entrepreneurship in the Dominican Republic

Andrés F. Martínez's picture

View from Santo Domingo, Dominican Republic / World Bank

Published in digital portal

In the past, a company in the Dominican Republic facing financial difficulties, such as falling behind on tax payments and having outstanding debts with suppliers and cashflow problems, usually faced bankruptcy, with low rates of recovery.

Advancing diversity in international dispute settlement

Meg Kinnear's picture
© World Bank Group
© World Bank Group

As an international organization tasked with the resolution of investment disputes—diversity is, in fundamental respects, embedded in ICSID's DNA.  (ICSID) has 154-member states, encompassing the majority of the world's countries. ICSID cases involve investors and states from every region in the world and concern all economic sectors—from poultry farms in Turkmenistan to pharmaceuticals in Canada.

It is therefore imperative that the people who argue, decide and administer cases reflect this global makeup. And measurable progress is being made towards greater diversity and inclusiveness, thanks to the concerted efforts of the ICSID Secretariat, government officials and legal professionals operating in the field of international investment dispute settlement. 

Skilling up Bangladeshi women

Tashmina Rahman's picture
Learning new skills for better jobs in Bangladesh: Meet Kamrul Nahar Omi




Non-garment industries such as leather, furniture, hospitality and Information & Technology (IT) are also poised to grow.

But how can we , the theme of this year’s International Women’s Day? 

Female participation in the workforce has been increasing but remains less than half of male participation rates across primary working ages.

Of those females joining work, over 80 percent are engaged in low-skilled, low-productivity jobs in the informal sector with little opportunity for career progression.

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Yet, Bangladesh still has a long way to go with female share in enrollments around 25 percent in TVET programs.

In fact, a  identifies some keys areas of intervention for improving female participation in technical diploma programs:

  1. creating a gender-friendly environment in polytechnics and workplaces;
  2. developing more service-orientated diploma programs;
  3. developing a TVET awareness campaign for females;
  4. (supporting a career counseling and guidance system for females;
  5. improving access to higher education;
  6. providing demand-stimulating incentives; (vii) generating research and knowledge;
  7. leveraging partnerships to promote opportunities for females and
  8. generating more and better data to track progress and inform policy and operations for female-friendly TVET. 

How to succeed as Sri Lanka’s top woman entrepreneur: Honesty, hard work, and perseverance

Idah Z. Pswarayi-Riddihough's picture
 

Her story is an inspiration to youth (male and female) and women who are afraid of failure and taking risks.

Starting from a modest home-based business, 50 years ago, today Aban is a household brand name that is island wide in Sri Lanka.

Applauding the women leaders in South Asia

Hartwig Schafer's picture

I just ended my first round of country visits as the World Bank’s Vice President for the South Asia Region.  Over and above all, that I had the privilege to meet during my visits.

These women are succeeding in a region where it is hard for women to realize their career dreams. .

What better opportunity than International Women’s Day to give a huge shout-out and applaud those women who are role models, entrepreneurs, and leaders in the eight countries of South Asia.

Neha Sharma, the district magistrate in Baghai village and Hart Schafer in India
Baghai village in Firozabad district, Uttar Pradesh, India. Photo: World Bank

Gender equality: Unleashing the real wealth of nations

Annette Dixon's picture
© World Bank
© World Bank

Last week, we launched the , which found that despite the considerable progress that many countries have made in improving women’s legal rights over the last decade, women are still only accorded 75 percent of the legal rights that men, on average, are given. As a result, they are less able to get jobs, start businesses and make economic decisions, with economic consequences that reverberate beyond their families and communities.

This is a particularly timely piece of research because as we mark , it’s another reminder of the work we have ahead of us: With the in full swing and work underway with more than 50 countries on improving people-based investments, putting gender equality at the top of the agenda will be critical to crafting better policy.

Women in nature conservation: a win-WiNN

Claudia Sobrevila's picture
Purnima Devi Barman and the "Hargila Army" receiving an award for their work to protect the Greater Adjutant stork. Photo: © Courtesy of Purnima Devi Barman. 
Purnima Devi Barman and the "Hargila Army" receiving an award for their work to protect the Greater Adjutant stork. Photo: © Courtesy of Purnima Devi Barman.

A common theme of our work on conservation projects has been the lack of networks for women to share their ideas and learn from others doing the same work.

This is where the idea was born to create an all-women’s network to support and empower women in nature conservation. It is called WiNN: , and was founded that same year by the two of us and 12 other women.

It serves as a platform for women to interact and learn by sharing experiences and stories relevant to other women in order to enhance conservation impacts and also inspire the next generation of conservation leaders.


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Kristalina Georgieva
Interim President of the World Bank Group and Chief Executive Officer of the World Bank
Annette Dixon
World Bank Vice President, Human Development

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