growth

Economy-wide expansion of credit for SMEs in Brazil induced entry of more capable firms but did not change employment at the municipal level

Politicians who share power impose checks and balances on each other, improving local governance and leading to better economic outcomes.

The productivity of innovation could be enhanced by reducing distortions in the economy; increasing R&D expenditure is no guarantee of growth

Growth in human capital reduces agricultural labour supply, while in turn the expansion of non-agricultural sectors drives human capital growth

From infrastructure to institutional development, the histories of the world’s largest cities provide key lessons for those in developing economies

Service-led growth can be a viable development strategy for the developing world; however, its fruits might disproportionately benefit the rich

Ease of implementation might be a significant factor behind the flow of aid to richer parts of countries

Rental markets for large machines between small firms allow them to achieve economies of scale, increasing mechanisation and aggregate productivity

Incentivising accuracy in peer evaluations of microentrepreneurs can support the allocation of capital to those with the greatest likelihood of growth