Limited data on micro, small, and medium-sized enterprises (MSMEs) make it difficult for governments to design appropriate MSME policies in Asia and the Pacific. To identify factors affecting MSME development and promote evidence-based policymaking, we propose a probabilistic principal component...

Understanding the business environment and structural issues that limit growth is critical when designing an effective national policy framework for private sector development-especially for micro, small, and medium-sized enterprises (MSMEs). Given the limited MSME data available, this paper...