countries with higher SME financial inclusion exhibit more effective monetary policy transmission and tax collection. Second, we … higher for SMEs. We also obtain evidence of a substantial positive impact on SME employment and labor productivity growth … employment and growth gains from SME financial inclusion, which appear larger in the Middle East and Central Asia than in other …

effective engines of inclusive growth, a rethinking of the SME development strategy is needed that makes SMEs' digital …

After impressive growth in the 2000s, China's productivity has more recently stagnated. We use firm-level data to … analyze productivity and firm dynamism trends from 2003 to 2018. We document six facts that together show a decline in China … explaining China's sluggish TFP growth and that SOE reform could boost productivity growth indirectly by stimulating business …

China’s current growth model— which has delivered steady and robust growth for two decades and lifted some 500 million … continued reliance on capital accumulation, China can grow at a healthy pace and maintain its convergence toward the level of … high income economies. Evidence from China’s provinces indicates that there is room to improve productivity and sustain …