Groh, MatthewMcKenzie, David2014-10-152014-10-152014-10https://hdl.handle.net/10986/20431This note discusses the results of a pilot of an innovative insurance product, which aims to protect small firms from macroeconomic and political risk that might inhibit them from investing.en-USCC BY 3.0 IGOBANK POLICYCAPITAL INVESTMENTSCORRUPTIONDEVELOPING COUNTRIESEQUIPMENTFINANCIAL INSTRUMENTFIRM GROWTHFIXED CAPITALINCOMESINFLATIONINSURANCEINSURANCE INSTRUMENTSINSURANCE PENETRATIONINSURANCE PRODUCTINSURANCE PRODUCTSINVESTINGINVESTMENT BEHAVIORINVESTMENT CLIMATELOANLOAN PERIODLOAN SIZEMACROECONOMIC INSTABILITYMICROENTERPRISESMICROFINANCEMICROFINANCE CLIENTSMICROFINANCE ORGANIZATIONNEW PRODUCTSPOLICY IMPLICATIONSPOLITICAL RISKSMALL FIRMSSTOCK EXCHANGEVOLATILITYWORKING CAPITAL10.1596/20431