Bazzi, Muendler and Rauch (2017) use new data on credit transactions and formal firms in Brazil to identify the effects of a large-scale expansion in credit for small and medium enterprises.
Interest rate caps on loans are unarguably important policy tools in both developed and developing countries. In this project, Miyauchi attempts to empirically test whether this policy tool is effective in Bangladesh.
A detailed survey of the Indian brick industry shows substantial productivity dispersion, attributable to both technology differences as well as within-technology efficiency variation.
In Ethiopia, Blattman, Dercon and Franklin (2019) randomly assign mostly female jobseekers to receive an industrial job offer or an unconditional cash transfer, meant to spur self-employment.
In this paper, Kamutando (2019) examines the link between financial constraints, misallocation and firm growth in the informal manufacturing sector in Zimbabwe.
When contracting institutions are weak or exploitable, firms in developing countries rely on a mixture of social and formal heuristics to select business partners.
Economic growth requires confidence in the state's ability to enforce secure exchange. But when states selectively enforce rule of law, political considerations can moderate the trust that buyers have in sellers.
