"The authors examine whether financial development boosts the growth of small firms more than large firms and hence … provides information on the mechanisms through which financial development fosters aggregate economic growth. They define an … a disproportionately large effect on the growth of industries that are technologically more dependent on small firms …

probability of a crisis are of the expected sign. The panel data set covers the time period 1973 through 2003 for 90 countries …

"This paper analyzes characteristics of nonfarm enterprises, their employment growth patterns, and constraints in doing …, road infrastructure, and rural cell phone communication is correlated with employment growth. A major finding is that … that would help to unleash the full potential of private sector-led growth in rural areas. The findings show that marginal …

Doing Business in 2005: Removing Obstacles to Growth is the second in a series of annual reports investigating the …

Facilitating the growth of Small- and Medium-sized Enterprises (SMEs) is central to creating jobs for an underutilized … SME growth performance and productivity is currently poor, and these related challenges must be simultaneously addressed …. Although growth and productivity may be affected by different aspects of the business environment, productivity is needed for …