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The first part of this paper reviews the literature on the relation between finance and growth. The second part of the paper reviews the literature on the historical and policy determinants of financial development. Governments play a central role in shaping the operation of financial systems...
Persistent link: https://www.econbiz.de/10012552258
Persistent link: https://www.econbiz.de/10002735154
This paper explores the relationship between the relative size of the Small and Medium Enterprise (SME) sector …, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force …
Persistent link: https://www.econbiz.de/10013244121
(SME) sector, economic growth, and poverty using a new database on the share of SME labor in the total manufacturing labor … growth. This relationship, however, is not robust to controlling for simultaneity bias. So, while a large SME sector is …
Persistent link: https://www.econbiz.de/10012748187
This paper explores the relationship between the relative size of the Small and Medium Enterprise (SME) sector …, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force …
Persistent link: https://www.econbiz.de/10012467461
Persistent link: https://www.econbiz.de/10001696468
We consider a model of policy choice in which appropriate policies depend on a country's own circumstances, but the presence of a successful leader generates an informational externality and results in too little 'policy experimentation.' Corrupt governments are reined in while honest...
Persistent link: https://www.econbiz.de/10012469577
Persistent link: https://www.econbiz.de/10012154119
We consider a model of policy choice in which appropriate policies depend on a country's own circumstances, but the presence of a successful leader generates an informational externality and results in too little "policy experimentation." Corrupt governments are reined in while honest...
Persistent link: https://www.econbiz.de/10014109549
We consider a model of policy choice in which appropriate policies depend on a country's own circumstances, but the presence of a successful leader generates an informational externality and results in too little 'policy experimentation.' Corrupt governments are reined in while honest...
Persistent link: https://www.econbiz.de/10013310806