Markets

How do firms ensure secure exchange when the rule of law is weak and contracting institutions privilege the politically connected?

High-quality agricultural inputs play an important role in boosting agricultural productivity and supporting food security in low-income countries.

We study whether adding informed buyers to a market can improve the quality of goods supplied by sellers, in an environment where goods quality is difficult to observe.

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.

Firms in low-income countries often avoid paying taxes by making informal payments to tax officials.

This study analysed the stylized facts that characterised price-setting behaviour in the Economic Community of West African States (ECOWAS).

The measurement of the returns to adoption of mechanised practices is of first order relevance to understanding the effect of policies directed towards capital intensification on overall productivity.