HASH(0x1009c09c8)

The economic challenges facing Kosovo in 2008 are considerable. Economic growth has been below the rate achieved in neighbouring countries and more than one-third of the work force is unemployed. The paper applies a ‘diagnostics’ analytical framework to identify the most binding constraints...

Since the 1980s, Kenya has been gradually integrating with the global economy. Using both industry-level and firm-level data, the paper examines the effects of globalization on employment and earnings in the Kenyan manufacturing sector. The industry-level analysis suggests that the overall...

This paper extends the literature on finance and investment by examining the source of finance constraints on the firm's investment decisions. Using a panel of 714 Indian manufacturing firms for the period 1993-98, we find that the degree of 'finance constraint' differs significantly across...