Credit constraints and productive entrepreneurship in Africa

@inproceedings{BaliamouneLutz2011CreditCA,
  title={Credit constraints and productive entrepreneurship in Africa},
  author={Mina Baliamoune-Lutz and L{\'e}once Ndikumana},
  year={2011}
}
Credit Constraints and Productive Entrepreneurship in Africa Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to credit is particularly limited for small and medium enterprises (SMEs) due to unclear property rights and the lack of assets that can be used as collateral. This paper presents a model where firm creation and growth hinge on matching potential entrepreneurs with productive technologies, while firm growth depends on… CONTINUE READING

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