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...

Motiviert durch die wachsende globale Bedeutung der sogenannten Emerging Economies werden in dieser Arbeit Analysen im Bereich von drei Unterdisziplinen der empirischen Wirtschaftsforschung durchgeführt. In drei Kapitel wird hierbei das Thema der wachsenden Bedeutung dieser Länder mit den...

For local people in sub-Saharan Africa, large land investment projects currently imply many risks and few benefits. Drawing on own ethical and economic research and using evidence from the authors' case studies in Kenya, Mali and Zambia and a new database of large-scale land acquisitions...

Social transfer programmes in developing countries are designed to contribute to poverty reduction by increasing the income of the poor in order to ensure minimal living standards. In addition, social transfers provide a safety net for the vulnerable, who are typically not covered by...