This Public Financial Management Performance Report (PFMPR) analyzes the performance of Colombia's public financial management (PFM) institutions, systems and processes. It documents areas where performance is close to or follows international good practice, as well as opportunities to further...

This paper studies the effect of government-backed partial credit guarantees on firms' performance. These guarantees are automatically granted to firms without enough collateral in order to lift their credit constraints. We put together a panel, covering the period 1997-2007, that combines data...

This presentation discusses the promotion of SMEs through enterprise networks. Some of the benefits of clustering can be obtained through the promotion of networks of enterprises, often numbering between 10 and 20 firms. The role of the network broker is critical in establishing networks, but so...