Showing 1 - 10 of 196
This paper evaluates how microfinance performed in providing business financing in 27 Sub-Saharan African countries. It …
Persistent link: https://www.econbiz.de/10012975439
This paper summarizes financial inclusion across Africa. First, it provides a brief overview of the African financial … in Africa that use formal and informal financial services and identify the barriers to formal account ownership. Next, it … Africa compares with small and medium enterprises in other developing regions in terms of account ownership and availability …
Persistent link: https://www.econbiz.de/10012975192
This paper investigates the link between export survival of agri-food products and financial development. It tests the hypothesis that financial development differentially affects the survival of exports across products based on their need of external finance. The authors test whether exports of...
Persistent link: https://www.econbiz.de/10012976026
This study uses loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), that is, their ability to crowd-in capital from private creditors. Controlling for a large set of...
Persistent link: https://www.econbiz.de/10012840715
The role of' first movers' in fragile states is critical: they grow and diversify markets in ways that no other firms do, generating disproportionate impact in terms of development and stability. But pioneer firms are rare in fragile states. This study documents their profile, their challenges,...
Persistent link: https://www.econbiz.de/10012889910
This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in meeting these needs with traditional financing....
Persistent link: https://www.econbiz.de/10012869701
Over the past decade, donors of foreign aid quadrupled their annual contributions to trust funds at the World Bank. This earmarking of contributions to donors' preferred recipient countries and issues has raised concerns about the alignment of trust funds with the performance-based allocations...
Persistent link: https://www.econbiz.de/10012968729
This paper uses a donor-provider-agent framework to study the role of provider incentives for the delivery of developmental goods like aid, credit, or technology transfer to the poor. The paper considers a situation where credible communication by the provider is the key to successful delivery....
Persistent link: https://www.econbiz.de/10012971491
Sovereign wealth funds represent a large and growing pool of savings. An increasing number of these funds are owned by natural resource?exporting countries and have a variety of objectives, including intergenerational equity and macroeconomic stabilization. Traditionally, these funds have...
Persistent link: https://www.econbiz.de/10012973511
This paper analyzes the evolution of sovereign credit ratings in the wake of the global financial crisis by studying changes in actual, shadow, and relative ratings between 2008 and 2012. For countries that do not have a rating from the major rating agencies, shadow ratings are estimated as a...
Persistent link: https://www.econbiz.de/10012973906