The informal sector is typically characterized as being very heterogeneous and possibly composed of two clearly distinct segments, sometimes called the lower and upper tier. However, empirical evidence shows that even among lower tier entrepreneur's profitability can be quite high. The authors...

Micro and Small Enterprises (MSEs) in developing countries are typically considered to be severely credit constrained. Additionally, high business risks may partly explain why capital stocks of MSEs remain low. This article analyzes the determinants of capital stocks of MSEs in poor economies...

Public works (PW) programmes are long-standing development interventions that have become increasingly popular in recent years due to their potential ‘double dividend’ of reducing poverty and fostering growth by transferring income directly to the poor, while at the same time building and...

The implementation of a future global development agenda with a broader set of goals replacing the Millennium Development Goals (MDGs) after 2015 will require greater and more efficient financing. The failure to establish a sound financial foundation risks jeopardising the success of any new...

Rwanda is among the few countries in Sub-Saharan Africa and the developing approaching universal health insurance coverage. To date, over 90 per cent of the population are enrolled in the Mutuelles de Santé - a system that started off from a number of stand-alone community based health...

Rwanda is among the few countries in Sub-Saharan Africa and the developing approaching universal health insurance coverage. To date, over 90 per cent of the population are enrolled in the Mutuelles de Santé - a system that started off from a number of stand-alone community based health...

This paper assesses how household context and characteristics shape the welfare trajectory and more specifically the accumulation of productive assets among beneficiaries of the Vision 2020 Umurenge Programme in Rwanda, the government's flagship social assistance program. The analysis is based...

The implementation of a future global development agenda with a broader set of goals replacing the Millennium Development Goals (MDGs) after 2015 will require greater and more efficient financing. The failure to establish a sound financial foundation risks jeopardising the success of any new...