Over the decades, the views on the interrelation between poverty reduction, inequality and growth have undergone different waves within the development community. Development discourse in the decades after the Second World War was largely framed by Kuznets' model. This model proposed rising...

This impact report is part of an evaluation commissioned by the Policy and Operations Evaluation Department (IOB) of the Netherlands Ministry of Foreign Affairs. It belongs to a series of impact evaluations of renewable energy and development programmes supported by the Netherlands, with a focus...

More than 1.3 billion people in developing countries are lacking access to electricity. Based on the assumption that electricity is a prerequisite for human development, the United Nations initiative Sustainable Energy for All (SE4All) has proclaimed the goal of providing modern energy to all by...

More than 2.7 billion people in developing countries rely on biomass for cooking with profound implications for their well-being. Two million people die every year due to cooking related smoke emissions - more than are killed by malaria. In recent years, an international movement has gained...

We investigate the returns to capital and capital accumulation using panel data of Peruvian micro enterprises (MEs). Marginal returns to capital are found to be very high at low levels of capital, but rapidly decreasing at higher levels. The dynamic analyses of capital accumulation in MEs...

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