Increased participation in global value chains is firmly related to the engagement of local producers in international markets through increasing sales in these markets. This study aims to examine factors affecting export performance of SMEs in the Kyrgyz Republic. Empirical estimations based on...

This study assesses the determinants of global value chain (GVC) participation and the relationship between the degree of GVC participation and firms' performance. The main estimation method for both analyses is a panel fixed-effect regression employing unique panel firm-level data from the...

The current study investigated whether tourism-related small and medium-sized enterprises (SMEs) perform better than non-tourism-related SMEs in the four main coastal tourist destinations - Hikkaduwa, Galle, Mirissa, and Tangalle - in the Southern Province of Sri Lanka. The authors used the...

The current study examines the impact of GVCs on the performance of SMEs in Uva and central provinces of Sri Lanka while recognizing potential local business sectors that can be linked with GVCs. Apart from that, key challenges and main success factors in relation to linking SMEs with GVCs are...

Since the first quarter of 2020, micro, small, and medium-sized enterprises (MSMEs) in developing countries have faced significant hardship due to the economic shocks related to the COVID-19 pandemic. Questions arise, however, regarding the extent to which MSMEs' hardship has varied between...

This study empirically investigated the factors affecting firms' ability to adjust production in response to the COVID-19 outbreak. This study used firm-level survey data from the Enterprise Survey implemented by the World Bank Group, including a standard Enterprise Survey (Baseline) and two...

Soon after the outbreak of the COVID-19 pandemic, many governments began extending financial and other forms of support to micro, small, and medium enterprises (MSMEs) and their workers because smaller firms are more vulnerable to negative shocks to their supply chain, labor supply, and final...

This study examines economic activity measured with firm performance indicators using the changes in intensity of night-time light in four CAREC economies: Azerbaijan, Georgia, Kazakhstan, and Mongolia. The empirical analysis is based on the World Bank Enterprise Survey (WBES) data for 2019 and...

A sustainable financing strategy for SMEs should aim to enhance a low-cost collateral-free supply of loans to SMEs with good track records of repayments to banks. This paper suggests two alternative financing mechanisms to overcome certain borrowing constraints of SMEs. First, it suggests an...

Policies for stimulating technological development and innovation in small and medium-sized enterprises can be divided into three groups. Supply-side policies aim at increasing firms' incentives to invest in innovation by reducing costs. Demand-side policies are public actions to induce...