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"The authors examine whether financial development boosts the growth of small firms more than large firms and hence provides information on the mechanisms through which financial development fosters aggregate economic growth. They define an industry's technological firm size as the firm size...
Persistent link: https://www.econbiz.de/10010522713
The objective of this study is to contribute to the development of new structured financial products in Peru, in particular as means to address the problems of access to finance faced by underserved segments such as Small and Medium Enterprises (SMEs). This document reviews how structured...
Persistent link: https://www.econbiz.de/10012550806
SME growth performance and productivity is currently poor, and these related challenges must be simultaneously addressed … finance contributes significantly to SME performance in terms of employment, sales, and investment. Specific interventions in … the form of credit guarantees and credit line financing of financial institutions dedicated to support SME financial …
Persistent link: https://www.econbiz.de/10012557951
This report identifies several themes that cover both macroeconomic constraints as well as structural factors affecting small, medium, and micro enterprises (SMME) in South Africa. After the introduction, Chapter 2 continues to discuss firm demographics for the 800 SMME firms surveyed....
Persistent link: https://www.econbiz.de/10012558723
"This paper analyzes characteristics of nonfarm enterprises, their employment growth patterns, and constraints in doing business in rural Tanzania. Using unique survey data, the authors describe a low-return sector struggling to compete in a difficult business environment. However, about...
Persistent link: https://www.econbiz.de/10010521084
Doing Business in 2005: Removing Obstacles to Growth is the second in a series of annual reports investigating the scope and manner of regulations that enhance business activity and those that constrain it. New quantitative indicators on business regulations and their enforcement can be compared...
Persistent link: https://www.econbiz.de/10012245451
aspects, and insufficient access to finance. The report builds on the following issues: 1) the critical aspect of the SME … technical assistance services are available, mainly because of high costs; 6) the striking multiplicity of SME programs, yet … with uncertain impact; and, 7) the need to overhaul SME policies, and programs to prod more incentive- and demand …
Persistent link: https://www.econbiz.de/10012558758
The Middle East and North Africa (MENA) region is at one of the most critical turning points in its modern history. The Arab spring was driven by the desire for economic opportunity and justice in the face of poverty and unemployment. The development of strong economies that enable both women...
Persistent link: https://www.econbiz.de/10012560592
"The authors employ propensity score matching and a traditional control function approach to examine the impact of participation in various societal institutions on microfirm performance in Mexico. They find that firms that participate in credit markets, receive training, pay taxes, and belong...
Persistent link: https://www.econbiz.de/10010522253
Persistent link: https://www.econbiz.de/10010523259