We hope you will enjoy this newsletter, and moreover
that you will find its contents interesting and beneficial.
Sincerely,
Itzhak Rozen
Executive, Professional Services & International Projects
World Bank Group - Private Sector Liaison Officer
International Financial Institutions
Productivity
surge boosts growth in Eastern Europe
Big gains in
the productivity of workers in Eastern Europe and the former
Soviet Union during the past decade have helped boost growth
and living standards, but more must be done to eliminate
red tape.
IFC and
the World Bank have created the Lighting Africa initiative,
which aims to bring modern off-grid alternatives, such
as fluorescent light bulbs and light emitting diodes,
to the African market.
A new report
from CGAP, the global microfinance body, predicts that
with the right market conditions, mobile banking could
reach large numbers of poor people who are outside the
formal financial system.
