Financing Firm Growth

The Role of Capital Markets in Low- and Middle-Income Countries
Firms in low- and middle-income countries are overcoming traditional barriers to capital access by increasingly tapping bond and equity markets. New data shows that rising financial participation is driving investments and spurring job creation, reshaping economic growth in these regions.
Firms in low- and middle-income countries have historically found it harder to access capital than their peers in richer economies. This report uses a new database on bond and equity issuance to show that gap is narrowing, with increased participation in capital markets leading to greater investment and job creation.

Contributor: Sergio Schmukler (Edited by), Cesaire Meh (Edited by)

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