Showing 1 - 10 of 617
The economic thinking around the role of agriculture for development has evolved since the 1950s. Over the past decades, the agriculture sector has been rediscovered as a sector with great potential for triggering growth, reducing poverty and inequality, providing food security, and delivering...
Persistent link: https://www.econbiz.de/10012569787
Mobile phones and the internet have significantly affected practically all sectors of the economy, and agriculture is no exception. Building on a recent World Bank flagship report, this paper introduces a concise framework for describing the main benefits from new information and communications...
Persistent link: https://www.econbiz.de/10012571084
Conventional wisdom suggests too little information and communication technologies (ICT) in poor countries. Indeed … capital share of ICT. While this regularity is consistent with explanations based on technology adoption lags and ICT … fully accounted for by (a) relatively higher ICT prices in low-income countries and (b) industrial composition …
Persistent link: https://www.econbiz.de/10012571776
Rsearch on the sources of growth shows several factors to be relevant to all countries, rich or poor. Whether developing countries can substantially raise per capita incomes depends on policies that address these variables: labor, human capital, capital investment in research and development,...
Persistent link: https://www.econbiz.de/10012572993
This paper investigates the effect of access to finance on job growth in 50,000 firms across 70 developing countries. Using the introduction of credit bureaus as an exogenous shock to the supply of credit, the paper finds that increased access to finance results in higher employment growth,...
Persistent link: https://www.econbiz.de/10012571196
This paper documents to what extent firms from developing countries borrow short versus long term, using data on corporate bond and syndicated loan markets. Contrary to claims in the literature based on firm balance sheets, firms from developing countries borrow through bonds and syndicated...
Persistent link: https://www.econbiz.de/10012569749
This paper investigates corruption and tax evasion and their firm-level determinants across 25,000 firms in 57 countries, a large fraction of which are small and medium enterprises in developing countries. Firms that pay more bribes also evade more taxes. Corruption acts as a tax on innovation,...
Persistent link: https://www.econbiz.de/10012551605
This paper reviews and synthesizes theoretical and empirical research on the role of finance in developing countries. First, the paper presents the stylized facts about firms in developing nations as well as the legal, financial and broader institutional framework in which these firms operate....
Persistent link: https://www.econbiz.de/10012552140
Many firms in the developing world -- including a majority of micro, small, and medium enterprises -- operate in the informal economy. The informal firms face a variety of constraints, making it harder for them to do business and grow. Lack of access to finance is often cited as the biggest...
Persistent link: https://www.econbiz.de/10012573875
The authors propose a financial model to address the design of efficient risk financing strategies against natural disasters at the country level. It is simple enough to shed analytical light on some of the key issues but flexible and realistic enough to provide some quantitative guidance on the...
Persistent link: https://www.econbiz.de/10012553896