Making It Big

Making It Big
Author :
Publisher : World Bank Publications
Total Pages : 187
Release :
ISBN-10 : 9781464815584
ISBN-13 : 1464815585
Rating : 4/5 (585 Downloads)

Book Synopsis Making It Big by : Andrea Ciani

Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries.Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top” of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants.This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.


Making It Big Related Books

Making It Big
Language: en
Pages: 187
Authors: Andrea Ciani
Categories: Business & Economics
Type: BOOK - Published: 2020-10-08 - Publisher: World Bank Publications

GET EBOOK

Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms
Private Finance for Development
Language: en
Pages: 161
Authors: Hilary Devine
Categories: Business & Economics
Type: BOOK - Published: 2021-05-14 - Publisher: International Monetary Fund

GET EBOOK

The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and pr
Finance, Financial Sector Policies, and Long-run Growth
Language: en
Pages: 82
Authors: Asli Demirguc-Kunt
Categories: Access to Finance
Type: BOOK - Published: 2008 - Publisher: World Bank Publications

GET EBOOK

Abstract: The first part of this paper reviews the literature on the relation between finance and growth. The second part of the paper reviews the literature on
Identifying Constraints to Financial Inclusion and Their Impact on GDP and Inequality
Language: en
Pages: 49
Authors: Ms.Era Dabla-Norris
Categories: Business & Economics
Type: BOOK - Published: 2015-01-27 - Publisher: International Monetary Fund

GET EBOOK

We develop a micro-founded general equilibrium model with heterogeneous agents to identify pertinent constraints to financial inclusion. We evaluate quantitativ
Financial Market Constraints and Private Investment in a Developing Country
Language: en
Pages: 31
Authors: Mr.Omotunde E. G. Johnson
Categories: Business & Economics
Type: BOOK - Published: 1990-12-01 - Publisher: International Monetary Fund

GET EBOOK

Firms in developing countries that seek outside financing for investment must often choose their debt-equity combinations in the face of financial market constr