Access to Finance
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Recent papers in Access to Finance
The present paper examines the determinants of remittance behavior for Vietnam using data from the 2004 Vietnam Migration Survey on internal migrants. It considers how, among other things, the vulnerability of a migrant's life at the... more
This study investigates the performance of the financial system in Burundi in mobilizing and allocating resources. Although the study does not presume that finance is the most binding constraint to growth and socio-economic development in... more
Even though small and medium enterprises (SMEs) represent the majority of the Egyptian firms, their value added is relatively low. According to previous research, SMEs face a financing gap that causes undercapitalization and represents an... more
Abstract: Although Kenya's financial system is by far the largest and most developed in East Africa and its stability has improved significantly over the past years, many challenges remain. This paper assesses the stability,... more
Accessing financial services via mobile phone technology, or mobile money services, is making a significant difference to the lives of subsistence entrepreneurs. There is a need to further understand the nature of subsistence... more
In a highly competitive global economy, improved access to financing by innovative small and medium-sized enterprises has become essential for enhancing competitiveness and meeting the objectives of the Lisbon Partnership for Growth and... more
The global financial crisis brought public guarantees to the forefront of the policy debate. Based on a review of the theoretical foundations of public guarantees, this paper concludes that the commonly used justifications for public... more
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers... more
This paper looks at variation across Russian regions in terms of perceived constraints to doing business using the Business Environment and Enterprise Performance Survey of Russian firms. The analysis identifies a number of... more
ABSTRACT This paper explores how the ongoing crisis, the policy responses to it, and the post-crisis global economy will impact China's medium-term prospects for growth, poverty reduction, and development. The paper reviews... more
... Was it due to the incoherence of policy one of Nolan's main criticisms? ... Some domestic firms (such as Ningbo Bird, Amoi, TCL and Legend) have mastered the technology of large-scale handset production and begun to localize... more