Firm turnover (i.e., firm entry and exit) is a well-recognized source of sector-level productivity growth. In contrast, the role and importance of firms that switch activities from one sector to another is not well understood. Firm switchers are likely to be unique, differing from both newly...

Why industry matters for Africa -- Why industry matters for Africa -- Realities and opportunities -- Industrialization efforts and outcomes -- Can Africa break in? -- Learning to compete -- Productivity, exports and competition -- Firm capabilities -- Industrial clusters -- How Africa can...

This study analyses the difficulties and problems encountered in transforming the Vietnamese financial sector from one that is subordinate to government objectives and goals to an autonomous sector guided by market forces and competitive pressures. Here, the history of financial sector...