Based on their perceptions, more than three quarters of Moroccan manufacturing firms have identified access to finance as one of the major constraints affecting their performance. However, compared to a number of emerging countries, Moroccan firms appear relatively undercapitalized and more...

Using a sample of 664 large, medium- and small-sized firms covering seven industries in Morocco, this article investigates whether the difference in their attitudes toward investment in human and physical capital explains their difference in terms of job creation. The lessons drawn from this...

Researchers’ enthusiasm for estimating industry oligopoly power in developing countries is often not matched with availability of data. Even when available, data are often incomplete, inconsistent, too aggregated, and almost always collected by government agencies for purposes different from...

1. Introduction -- Section I the distribution of foodstuffs -- 2. Costa rica -- 3. Armenia -- 4. Mali -- 5. Zambia -- Section II the distribution of pharmaceuticals -- 6. Jamaica -- 7. Vietnam -- Section III the distribution of services: international money transfers and tv programmes -- 8....

Over the last two decades Middle East and North African (MENA) countries like much of the developing countries have experienced a wave of liberalization of their financial sectors. There have been expectations that financial liberalization would enhance economic growth by stimulating savings and...