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.
We study an environmental place-based policy that randomly moved over 20,000 small firms in New Delhi to industrial areas outside the city over several years.
The African continent is often envisioned as the future industrial hub of the planet. However, it accounts for no more than 3% of total global trade. A key factor behind this performance is the limited access to financial services.
The first paper 'SME Promotion for Jobs and Growth' is a conceptual analysis that reviews research on interventions that support SMEs with the aim of identifying best practices for generating and measuring impacts of SME support programmes.
Search and trust frictions have historically made it hard for small firms in lower-income countries to buy inputs from foreign markets. Consider a clothing wholesaler in Senegal, who wants to start selling high quality European-made jeans.
Search and trust frictions have historically made it hard for small firms in lower income countries to buy inputs from foreign markets. The growth in smartphone ownership and social media usage has the potential to alleviate these barriers.
