What Have We Learned from a Decade of Manufacturing Enterprise Surveys in Africa?

In the early 1990s the World Bank launched the Regional Program on Enterprise Development (RPED) in several African countries, a key component of which was to collect data on manufacturing firms. The data sets built by these and subsequent enterprise surveys in Africa generated considerable research. This article surveys the research on the African business environment, focusing on risk, access to credit, labor, and infrastructure, and on how firms organize themselves and do business. It reviews the research on enterprise performance, including enterprise growth, investment, and exports. The article concludes with a discussion of policy lessons.

Bibliographic Details

Main Authors:	Bigsten, Arne, Söderbom, Måns
Format:	Journal Article biblioteca
Language:	English en_US
Published:	Oxford University Press on behalf of the World Bank 2006-08-02
Subjects:	ACCESS TO CREDIT, ACCESS TO FORMAL CREDIT, ACCOUNTING, BANKING CRISES, BANKING CRISIS, BANKING PRACTICES, BANKING RELATIONSHIP, BANKING RELATIONSHIPS, BANKS, BIASES, BORROWING, BRIBES, BUSINESS ENVIRONMENT, CAPITAL COSTS, CAPITAL STOCK, CASH FLOW, COMPANY, COMPARATIVE ADVANTAGE, COMPETITIVE MARKET, COMPETITIVENESS, CONSTANT RETURNS TO SCALE, CONTRACT ENFORCEMENT, CORPORATION, CORRUPTION, COUNTRY CREDIT, CREDIBILITY, CREDIT ACCESS, CREDIT CONSTRAINT, CREDIT CONSTRAINTS, CREDIT HISTORIES, CREDIT MARKET, CREDIT PROVISION, CREDIT RATING, CREDIT RATING AGENCIES, CREDIT RATINGS, CREDIT RELATIONSHIPS, CREDIT RISK, CREDITWORTHINESS, DEMAND FOR CREDIT, DEVELOPED COUNTRIES, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DEVELOPMENT ECONOMICS, DEVELOPMENT POLICY, DOMESTIC MARKET, DOMESTIC MARKETS, EARNINGS, ECONOMIC ANALYSIS, ECONOMIC DEVELOPMENT, ECONOMIC PERFORMANCE, ECONOMIC POLICY, ECONOMIC PROBLEMS, ECONOMIC RENTS, ECONOMIC RISK, ECONOMIC THEORIES, ECONOMICS, ECONOMISTS, EFFICIENCY WAGES, ELASTICITY, EMPIRICAL ANALYSIS, EMPIRICAL EVIDENCE, EMPLOYEE, EMPLOYER, EMPLOYMENT, ENDOGENOUS VARIABLES, ENDOWMENTS, ENTERPRISE DEVELOPMENT, ENTERPRISE FINANCING, ENTERPRISE GROWTH, ENTERPRISE PERFORMANCE, ENTERPRISE SIZE, ENTREPRENEUR, ENTREPRENEURIAL DEVELOPMENT, ENTREPRENEURIAL SUCCESS, ENTREPRENEURS, ENTRY BARRIERS, ENVIRONMENTAL, ENVIRONMENTAL SUSTAINABILITY, ETHNIC GROUPS, EXCHANGE RATE, EXPANSION, EXPENDITURE, EXPENDITURES, EXPORTERS, EXPORTS, EXTERNAL FINANCE, EXTERNAL FUNDS, FINANCIAL MARKETS, FINANCIAL REFORMS, FINANCIAL SECTOR, FINANCIAL SECTOR REFORMS, FIRM PERFORMANCE, FIRM SIZE, FIRMS, FIXED CAPITAL, FIXED COST, FIXED COSTS, FOREIGN EXCHANGE, FOREIGN INVESTORS, FORMAL ANALYSES, FORMAL BORROWING, FORMAL CREDIT, FORMAL LOAN, FORMAL LOANS, FUTURE RESEARCH, GDP, GENDER, GOVERNMENT INTERVENTION, GROSS DOMESTIC PRODUCT, GROWTH RATE, HUMAN CAPITAL, HUMAN DEVELOPMENT, HUMAN RESOURCES, INCREASING RETURNS, INCREASING RETURNS TO SCALE, INDEBTEDNESS, INDIGENOUS ENTREPRENEURS, INFLATION, INFORMATION ON INVESTMENT, INSURANCE, INTEREST RATES, INTERNATIONAL BANK, INTERNATIONAL ECONOMICS, INTERNATIONAL FINANCE, INTERNATIONAL MARKETS, INTERNATIONAL TRADE, INVENTORIES, INVESTING, INVESTMENT ACTIVITY, INVESTMENT CLIMATE, INVESTMENT OPPORTUNITIES, INVESTMENT PROJECTS, INVESTMENT RATE, INVESTMENT RATES, IRREVERSIBILITY, JOB CREATION, LABOR COSTS, LABOR FORCE, LABOUR MARKET, LACK OF ACCESS, LACK OF CREDIT, LEARNING OPPORTUNITIES, LOAN, LOAN APPLICATION, LOAN APPLICATIONS, LOCAL BUSINESS, MACROECONOMIC ANALYSIS, MACROECONOMIC VARIABLES, MANUFACTURERS, MANUFACTURING ENTERPRISE, MANUFACTURING ENTERPRISES, MARGINAL COSTS, MARGINAL PRODUCT, MARKET CONDITIONS, MARKET FAILURE, MARKET FAILURES, MARKET PARTICIPANTS, MIDDLE INCOME COUNTRIES, MINORITY ENTREPRENEURS, MONOPOLY, NEW MARKETS, OBSTACLES TO GROWTH, OPPORTUNITY COSTS, PHYSICAL CAPITAL, PORTFOLIO, PORTFOLIO CHOICE, POSITIVE EFFECTS, PRIVATE INVESTMENT, PRODUCERS, PRODUCTION FUNCTION, PRODUCTIVITY, PRODUCTIVITY GROWTH, PROFIT RATE, PROFITABILITY, PROVISION OF CREDIT, RATES OF RETURN, RED TAPE, REGULATORY SYSTEM, RESOURCE ALLOCATION, RETURNS TO SCALE, RISK AVERSE, RISK PREMIUM, SALES GROWTH, SMALL FIRM, SMALL FIRMS, SOURCE OF INFORMATION, STOCK DATA, STRUCTURAL ADJUSTMENT, SUNK COSTS, SUPPLIER, SUPPLIERS, TAX, TAX REVENUES, TELECOMMUNICATIONS, TOTAL COSTS, TOTAL FACTOR PRODUCTIVITY, TRADE CREDIT, TRADING, TRANSACTION, TRANSACTION COSTS, TURNOVER, VALUE ADDED, WAGE DIFFERENTIALS, WAGES, WEALTH,
Online Access:	http://documents.worldbank.org/curated/en/2006/08/17591419/learned-decade-manufacturing-enterprise-surveys-africa https://hdl.handle.net/10986/16424
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