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    FEATURE STORY


    Moldova: Encouraging Young Women
    in Business
    March 23, 2012



    This page in: English   Română




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   "Women, Business and the Law 2012" examines laws and regulations affecting women’s prospects as entrepreneurs and
    employees. The report’s quantitative indicators are intended to inform policy discussions and research on how to improve
   women’s economic inclusion.




    The role of women in supporting economic growth has been widely acknowledged and is increasingly
    reflected not only in economic research but also in policy decision-making around the world. In this
    context, the World Bank and the International Financial Corporation (IFC) hosted an informal event in
    Moldova on 23 March that brought together successful business women to discuss their experiences
    and to act as role models for young women starting out in their careers.

    The event, titled “How to encourage young women to develop a successful career in business”
    was organized by the IFC Country Office for Moldova and Romania and the World Bank Country Office
    for Moldova, and is the beginning of a series of meetings which aim to promote career counseling and
    share success stories with a new generation of women. The event was opened by Mrs. Ana Maria
    Mihaescu, Country Representative for IFC for Moldova and Romania.

    Among the guests invited to speak at the event  were Mrs. Natalia Vrabie, CEO of Moldova
    AgroIndbank, Mrs. Liudmila Climoc, CEO of Orange Moldova, Mrs. Silvia Radu, CEO of Union Fenosa
    Moldova, Mrs. Angela Solcan, Dean of the Faculty of Management and Business Administration from
    ASEM, Mrs. Corina Cepoi, CEO of the Center for Independent Journalism and Mrs. Nata Albot, TV
    producer with Jurnal TV. Questions were posed by some of the best performing female students at the
    Academy for Economic Studies of Moldova and covered such topics as career development, work and
    life balance, and the necessary ingredients for success in business.



    " Increasing women’s economic opportunities improves the well-being of
    families and communities, reduces poverty, and stimulates economic growth.
    Many factors shape women’s opportunities to run successful businesses and get
    good jobs. Equitable business regulations are one piece of the puzzle. "                                                   Welcome

    Rita Ramalho
    World Bank's Program Manager, lead author of the report.



    In addition, a presentation was made about the main findings of a report titled “Women, Business and
    the Law” for the Eastern Europe and Central Asia region. Produced jointly by the World Bank and the
    IFC, this report sets out indicators to measure how laws and regulations can affect women’s prospects
    as entrepreneurs and employees. It measures legal differentiations on the basis of gender in 141
    economies around the world, covering six areas: accessing institutions, using property, getting a job,
    providing incentives to work, building credit, and going to court.

    Discussions at the event, which organizers hope is just the start of a series of similar networking events
    for business women, as well as career counseling for students, covered a wide range of issues
    including life and work balance, the need for more cultural openness and encouragement of career
    women, the need for more professional networking events dedicated to business women, and the role
    of mentorship and dialogue.




    RELATED
    WORLD BANK
    World Bank in Moldova
    REPORT: Women, Business and the Law 2012: Removing Barriers to Economic Inclusion



    Moldova
    Europe and Central Asia
   Gender

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