In this paper, Kamutando (2019) examines the link between financial constraints, misallocation and firm growth in the informal manufacturing sector in Zimbabwe.
This paper, by He, Wang and Zhang (2019), estimates the effect of environmental regulation on firm productivity usign a spatial regression discontinuity design implicit in China's water quality monitoring system.
Western stakeholders are increasingly demanding that multinationals sourcing from developing countries be accountable for labor rights and working conditions upstream in their supply chains.
What is the effect of exposing motivated youth to firm management in practice? To answer this question, Abebe, Fafchamps, Koelle and Quinn (2019) place young professionals for one month in established firms to shadow middle managers.
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.
Property rights are important for economic exchange, but in much of the world they are not publicly guaranteed. Private market associations can fill this gap by providing an institutional structure to enforce agreements, but with this power comes the ability to extort from group members.
