Green technologies that are less resource-intensive hold the potential to mitigate the negative effects of climate change both by helping firms cope with adverse events (e.g., withstanding network power outages or increase in costs of traditional energy sources) and by lowering carbon emissions at the aggregate level. However, limited access to financing and poor management practices in LICs prevent many firms from adopting these technologies.
We created experimental variation across local markets in China in the share of firms having access to a new loan product, to measure the direct and indirect effects of access to finance.
We created experimental variation across local markets in China in the share of firms having access to a new loan product, to measure the direct and indirect effects of access to finance.
In response to the Covid-19 crisis, 186 countries implemented direct cash transfers to households, and 181 introduced in-kind programs that lowered the cost of utilities such as electricity, water, transport, and mobile money.
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.
