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Microfinance has been shown to have limited average impacts on incomes and profits in developing countries.

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.

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.

Do business interaction and exchange of ideas among peers foster entrepreneurship?

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.

There is a widespread belief that China plays a fundamental role in African economies, but few rigorous empirical studies to back up this view.