Publication:
Direct Support to Private Firms : Evidence on Effectiveness
dc.contributor.author | Batra, Geeta | |
dc.contributor.author | Mahmood, Syed | |
dc.date.accessioned | 2014-04-17T19:16:45Z | |
dc.date.available | 2014-04-17T19:16:45Z | |
dc.date.issued | 2003-11 | |
dc.description.abstract | Governments use a variety of instruments to provide direct support to private enterprises. These include the provision of finance (subsidized and/or directed credit) and business development services (management and marketing advice to small businesses, agricultural extension services, support for enterprise level training and support to technology development). These interventions are distinct from those that support enterprises indirectly by establishing a policy and legal environment conducive to enterprise development. How effective have these direct support schemes been? This paper attempts to provide some answers to this question by surveying the available literature on the effectiveness of direct support interventions. Where available, impact evaluations suggest that the performance has been mixed at best. The evidence indicates that active intervention does not work unless the basic environment for private sector development is sound. Public policy thus needs to focus on creating an enabling environment, key elements of which include a sound legal and judicial system which supports low-cost contract enforcement, good infrastructure, a policy playing field which is level in terms of ease of registration, taxes and investment incentives for all enterprises-large and small, domestic and foreign. | en |
dc.identifier | http://documents.worldbank.org/curated/en/2003/11/2819076/direct-support-private-firms-evidence-effectiveness | |
dc.identifier.uri | http://hdl.handle.net/10986/17907 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | World Bank, Washington, DC | |
dc.relation.ispartofseries | Policy Research Working Paper;No. 3170 | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | ADMINISTRATIVE COSTS | |
dc.subject | AUTONOMY | |
dc.subject | BANK PROCEDURES | |
dc.subject | BANKS | |
dc.subject | BENEFIT ANALYSIS | |
dc.subject | BUSINESS DEVELOPMENT | |
dc.subject | BUSINESS DEVELOPMENT SERVICES | |
dc.subject | BUSINESS PLANS | |
dc.subject | CAPITAL MARKETS | |
dc.subject | CAPITALIZATION | |
dc.subject | COLLATERAL | |
dc.subject | COMMERCIAL FUNDING | |
dc.subject | COMPARATIVE ADVANTAGE | |
dc.subject | CONSULTING SERVICES | |
dc.subject | CONTRACT ENFORCEMENT | |
dc.subject | COST EFFECTIVENESS | |
dc.subject | COST- BENEFIT ANALYSES | |
dc.subject | COST-BENEFIT ANALYSES | |
dc.subject | DEBT | |
dc.subject | DECENTRALIZATION | |
dc.subject | DEMONSTRATION EFFECTS | |
dc.subject | DEPRECIATION | |
dc.subject | DEVELOPED COUNTRIES | |
dc.subject | DIRECT FINANCING | |
dc.subject | ECONOMIC CONDITIONS | |
dc.subject | ECONOMIC IMPACT | |
dc.subject | ECONOMICS | |
dc.subject | EMPLOYMENT | |
dc.subject | ENVIRONMENTAL MANAGEMENT | |
dc.subject | EQUITY INVESTMENTS | |
dc.subject | EXPENDITURES | |
dc.subject | FARMS | |
dc.subject | FINANCIAL INSTITUTIONS | |
dc.subject | FINANCIAL MARKETS | |
dc.subject | FINANCIAL PERFORMANCE | |
dc.subject | FINANCIAL SECTOR | |
dc.subject | FINANCIAL SERVICES | |
dc.subject | FINANCIAL SYSTEMS | |
dc.subject | GOVERNMENT INTERVENTION | |
dc.subject | HARD BUDGET CONSTRAINTS | |
dc.subject | HUMAN RESOURCE MANAGEMENT | |
dc.subject | INCENTIVE SYSTEMS | |
dc.subject | INCOME | |
dc.subject | INFLATION | |
dc.subject | INFORMATION SYSTEMS | |
dc.subject | INSTITUTIONAL DEVELOPMENT | |
dc.subject | INTEREST RATES | |
dc.subject | LAWS | |
dc.subject | LEGAL FRAMEWORK | |
dc.subject | LENDING OPERATIONS | |
dc.subject | LEVIES | |
dc.subject | LIQUIDITY | |
dc.subject | LIVING STANDARDS | |
dc.subject | LOCAL ENTERPRISES | |
dc.subject | MANDATES | |
dc.subject | OPERATING COSTS | |
dc.subject | OPERATING EXPENSES | |
dc.subject | POLICY ENVIRONMENT | |
dc.subject | POLICY RESEARCH | |
dc.subject | POVERTY ALLEVIATION | |
dc.subject | PRIVATE SECTOR | |
dc.subject | PRODUCTION PROCESSES | |
dc.subject | PRODUCTIVITY | |
dc.subject | PROFITABILITY | |
dc.subject | PROGRAMS | |
dc.subject | PUBLIC POLICY | |
dc.subject | RESOURCE ALLOCATION | |
dc.subject | RETAINED EARNINGS | |
dc.subject | RETURN ON ASSETS | |
dc.subject | RETURN ON EQUITY | |
dc.subject | SAVINGS | |
dc.subject | SELECTION BIAS | |
dc.subject | TECHNICAL ASSISTANCE | |
dc.subject | TECHNOLOGY ADOPTION | |
dc.subject | TRAINING COURSES | |
dc.subject | TRAINING PROGRAMS | |
dc.subject | TRANSACTION COSTS ENTERPRISE DEVELOPMENT | |
dc.subject | PRIVATE ENTERPRISES | |
dc.subject | FINANCIAL INSTRUMENTS | |
dc.subject | SUBSIDIES | |
dc.subject | ACCESS TO CREDIT | |
dc.subject | BUSINESS ENVIRONMENT | |
dc.subject | BUSINESS ECONOMICS | |
dc.subject | SERVICING | |
dc.subject | MANAGEMENT ASSISTANCE | |
dc.subject | MARKETING ASSISTANCE | |
dc.subject | SMALL BUSINESS FINANCE | |
dc.subject | AGRICULTURAL EXTENSION | |
dc.subject | TRAINING ASSISTANCE | |
dc.subject | TECHNOLOGY DEVELOPMENT | |
dc.subject | POLICY FRAMEWORK | |
dc.subject | LEGAL & REGULATORY FRAMEWORK | |
dc.subject | PUBLIC POLICY | |
dc.subject | JUDICIAL PROCESS | |
dc.subject | CONTRACT ENFORCEMENT | |
dc.subject | INFRASTRUCTURE | |
dc.subject | INVESTMENT INCENTIVES | |
dc.subject | ENTERPRISE DEVELOPMENT | |
dc.subject | TRANSACTION COSTS | |
dc.title | Direct Support to Private Firms : Evidence on Effectiveness | en |
dspace.entity.type | Publication | |
okr.doctype | Publications & Research :: Policy Research Working Paper | |
okr.doctype | Publications & Research | |
okr.docurl | http://documents.worldbank.org/curated/en/2003/11/2819076/direct-support-private-firms-evidence-effectiveness | |
okr.globalpractice | Social, Urban, Rural and Resilience | |
okr.globalpractice | Governance | |
okr.globalpractice | Transport and ICT | |
okr.globalpractice | Governance | |
okr.globalpractice | Health, Nutrition, and Population | |
okr.identifier.doi | 10.1596/1813-9450-3170 | |
okr.identifier.externaldocumentum | 000012009_20031212170926 | |
okr.identifier.internaldocumentum | 2819076 | |
okr.identifier.report | WPS3170 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2003/12/12/000012009_20031212170926/Rendered/PDF/wps3170.pdf | en |
okr.theme | Financial and private sector development :: Regulation and competition policy | |
okr.theme | Financial and private sector development :: Small and medium enterprise support | |
okr.theme | Financial and private sector development :: Other financial and private sector development | |
okr.topic | Banks and Banking Reform | |
okr.topic | Public Sector Development :: Decentralization | |
okr.topic | Environmental Economics and Policies | |
okr.topic | Health Economics and Finance | |
okr.topic | Payment Systems and Infrastructure | |
okr.topic | Information and Communication Technologies :: ICT Policy and Strategies | |
okr.topic | Enterprise Development and Reform | |
okr.topic | Urban Development :: Municipal Financial Management | |
okr.topic | Health, Nutrition and Population | |
okr.unit | Off of Sr VP Dev Econ/Chief Econ (DECVP) | |
okr.volume | 1 of 1 | |
relation.isSeriesOfPublication | 26e071dc-b0bf-409c-b982-df2970295c87 |
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