Purpose Several empirical studies indicate that the existence of a large informal sector is a major obstacle to firms’ choices of innovation strategies. This paper aims to address this issue and investigates the effect of the informal sector on the innovation of formal firms in Greece....

Purpose Tanzania is rich in small hydropower (SHP) potentials. However, many of these potentials have yet to be fully used, and more than two-thirds of its rural population lacks access to electricity. The purpose of this paper is to explore the role of SHP stations in improving rural welfare in...

Purpose The purpose of this study is to investigate the role of foreign aid in the Western Balkans countries’ economic growth between 2009 and 2021. Design/methodology/approach This paper uses a panel data approach to examine the effects of foreign aid on economic growth in the region and...

Purpose This study aims to examine the role of financial inclusion and institutional factors such as corruption and the rule of law (RL) on the credit risk and stability of banks. Design/methodology/approach The study considers a sample of 61 developing countries and uses very robust estimation...

Purpose This study aims to assess the impact of participation in self-help group (SHG) on the psychological empowerment of rural tribal women. Design/methodology/approach Primary data was collected using multistage random sampling from the rural women of Jharkhand, India. The propensity score...

Purpose This paper aims to examine the impact of intra-industry trade on business cycle synchronization within the Economic Community of West African States (ECOWAS). ECOWAS region is characterized by limited intracommunity trade and a low level of foreign direct investment....