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The strong economic performance of Sub-Saharan Africa’s resource-rich countries since the start of the 21st century has been celebrated as a return to more buoyant growth and renewed convergence with the advanced economies.Despite the recent progress in improving living standards and reducing...
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This paper uses 1-2-3 survey data on the Democratic Republic of Congo to analyze heterogeneity in the informal sector. It empirically identifies three types of entrepreneurs in the sector. The first group of entrepreneurs-top performers-is growth oriented and enjoys greater access to capital....
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This study highlights how COVID-19 has affected small and medium enterprises, drawing on newly released World Bank Enterprise Surveys in 13 countries. The study shows that firms of all sizes are severely affected in multiple dimensions; however, firm size matters for the intensity of the...
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Using manufacturing and services firm-level data for 30 sub-Saharan African (SSA) countries, this paper shows that taxation is not a significant driver for the location of foreign firms in SSA, while other investment climate factors, such as infrastructure, human capital, and insitutions, are....
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