economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7 …% at the 2020 horizon. However, in order to sustain vigorous growth and improve the well-being of most citizens, renewed …-friendly growth. …

to distinguish four types of firms: small businesses with a high rate of informality, medium-sized family firms, large … formal corporations, and skilled start-ups. The relative importance of the challenges facing these different types of firms …

distanced regions. FDI tends to be associated with employment decline in manufacturing firms, but some growth in small firms. …That global networks provide positive externalities to participating firms is a well‑documented fact. Less is known … about how the performance of non-participating firms, especially those that are small or medium-sized, changes with exposure …

The rapid growth after independence stopped in 2008 as the global crisis exposed important structural weaknesses. Large … attract FDI and raise efficiency. Low innovative activity could be boosted by more FDI, stronger framework for entrepreneurial …-skilled workers. Limiting the minimum wage growth, and lowering the high tax wedge on labour income could boost employment. Efficiency …

incentivise exporting firms to expand and improve their competitiveness, both through lower price and improved quality. For …