As the spread of COVID-19 expands in less developed countries, policymakers will face an additional challenge that was largely absent in more developed economies – the informal sector.
Recent World Bank investment climate surveys find that the top two constraints for small and medium enterprises (SMEs) in Africa are access to finance and access to energy. Given that SMEs…
The private sector continues to be a critical driver of job creation and economic growth. However, several factors can undermine the private sector and, if left unaddressed, may impede development…