Emanuele Colonnelli investigates how randomised audits on government procurement contracts in Brazil affect the real economy and firm behaviour.

Tourism leads to long-run economic gains locally and in the aggregate. The local gains are in part driven by positive spillovers on manufacturing.

A 15-year survey of 12,000 firms across 34 countries shows that management practices explain a large share of productivity gaps

How does the entry of foreign retailers into domestic markets affect welfare? Dave Atkin discusses evidence from Mexico.

Investment in small firms led to monthly returns of 6% in Sri Lanka. However, the returns are negligible for female-owned enterprises.

Improving managerial capital for SMEs in emerging markets also improves productivity, return on assets, and entrepreneurial spirit

Investment in small firms led to monthly returns of 6% in Sri Lanka. However, the growth prospects for most of them remain unchanged.

South Korea’s industrial policy in the late 1970s played a critical role in forging its modern economy. Are there lessons for the developing world?

Clustering of firms in Indonesia only leads to substantial productivity spillovers in a few industries, suggesting the need to review cluster policies