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Microenterprises constitute an important source of employment, and developing such enterprises is a key policy concern in most countries. But what is the most efficient tool for microenterprise development? We...

Weak access to basic services and poor framework conditions for the private sector impede development. Low-quality service provision for example in health, education, utility supply, industry regulation or law enforcement...

Field experiments documenting positive treatment effects have a strong policy message: scale up! However, such experiments are typically implemented under close supervision of the research group in charge of the...

Field experiments documenting positive treatment effects have a strong policy message: scale up! However, such experiments are typically implemented under close supervision of the research group in charge of the study. In contrast, scaling...

Microcredit clients are often assigned to credit groups with joint liability for loans. But what makes a credit group work well? What credit groups are likely to generate the internal...

There is increased awareness that success among small-scale entrepreneurs in developing countries requires more than microfinance, and that an important limiting factor for business growth is the level of human...

There is increased awareness that success among small scale entrepreneurs in developing countries requires more than microfinance, and that an important limiting factor for business growth is the level of...

This study analyses the problem and extent of cross-financing in the Grameen Bank system. The main finding is that cross-financing is rarely a problem. However, survey data indicate that long-term...