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.

Gemechu Ayana Aga, Filip Jolevski, Silvia Muzi |

It is well established that financial development is necessary for the efficient allocation of capital and firm growth, yet firm-level surveys have repeatedly found access to finance to be among…

Leora Klapper |

One of the primary goals of the Enterprise Surveys is to provide high quality data about the business environment based on establishments’ actual day-to-day experiences. This provides much needed…

Arvind Jain, Asif Islam |

Small and medium-size enterprises (SMEs) account for close to 60 percent of global manufacturing employment. So it is no surprise that financing for SMEs has been a subject of great interest to…

Asli Demirgüç-Kunt |