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The empirical literature on finance and development suggests that countries with better developed financial systems experience faster economic growth. Financial development - as captured by size, depth, efficiency, and reach of financial systems - varies sharply around the world, with large...
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(SME) sector, economic growth, and poverty using a new database on the share of SME labor in the total manufacturing labor …. Furthermore, the authors find no evidence that SMEs reduce poverty. Finally, they find qualified evidence that the overall …
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