Empowering women entrepreneurs in developing countries

Lucia Mayta, 43, and her daughter Luz Cecilia, 12, pose for a photograph inside their bodega in La Paz February 24, 2014. Lucia studied until the fourth grade of primary school, and knows how to read and write and do basic math. Lucia runs a bodega, and the family live in a back room. She hopes to build a house in the future. Luz Cecilia is in seventh grade and wants to be a singer. On March 8 activists around the globe celebrate International Women's Day, which dates back to the beginning of the 20th century and has been observed by the United Nations since 1975. The UN writes that it is an occasion to commemorate achievements in women's rights and to call for further change. Picture taken February 24, 2014. REUTERS/David Mercado (BOLIVIA - Tags: SOCIETY EDUCATION)ATTENTION EDITORS: PICTURE 11 OF 32 FOR PACKAGE 'WOMEN'S DAY - MOTHERS AND DAUGHTERS' TO FIND ALL IMAGES SEARCH 'REUTERS MOTHERS DAUGHTERS' - GM1EA370T5701

Current women’s economic empowerment interventions are not enough to overcome all obstacles facing female entrepreneurs. The emerging evidence from psychology and experimental economics on agency, mindset, and leadership show that for successful interventions to be transformative, they need to move beyond basic access to financial and human capital and also tackle central psychological, social, and … Continue reading Empowering women entrepreneurs in developing countries