Using survey and interview data gathered from 13 countries in Africa, and bond issuance data from DataStream, this study reveals that corporate bond markets in Africa use reasonably modern trading infrastructure.
This project aims to be the first large-scale comprehensive study of management practices of DFIs and Private Equity and Venture Capital fund managers in LICs.
This project evaluates to what extent heterogeneity in the take-up of microfinance and heterogeneity in its impacts on entrepreneurs explain the impact of microfinance on allocative inefficiency within occupational choice and investments.
The COVID-19 crisis has hit everywhere at once. Lower-income countries should not expect large inflows of aid; they will be left largely to their own resources. Those resources are limited, so lower-income countries need to find leverage wherever they can.
Can large-scale peer interaction foster entrepreneurship and innovation? Vega-Redondo et al. (2019) conducted an RCT involving almost 5,000 entrepreneurs from 49 African countries.
Lemos and Scur (2019) investigate how implicit contracts between firm managers and employees are linked to the adoption of productivity-enhancing organizational practices.
Special economic zones (SEZs) or industrial parks can be an effective instrument to promote industrialization and structural transformation, but only when implemented properly in the right context. More than 50 years of experience with special export zones yields a mixed picture.
