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Credit constraints, a consequence of the widespread failure of credit markets in developing countries, are widely regarded as a key constraint to entrepreneurship. Using 2010-11 and 2015-16 National Sample Survey data, this article shows that policy actions of the Indian government to increase...
Informality is a pervasive phenomenon in the labour markets of developing countries. Two billion workers, representing 61.2 per cent of the world’s employed population, are in informal employment. Emerging and developing countries account for more than 93 per cent of total global informal employment...
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