A new GLO Discussion Paper explores the impact of financial and legal obstacles utilizing the most recent and unique dataset from the World Bank Enterprise Surveys.

GLO Discussion Paper No. 990, 2021

Financial And Legal Obstacles And Small And Medium Firm Performance: Evidence from Middle Income East Asian – Download PDF
by Bui, Anh Tuan & Pham, Linh Chi & Ta, Thi Khanh Van

GLO Fellow Anh Tuan Bui

Author Abstract: This paper explores the impact of financial and legal obstacles that affect small and medium enterprises (SMEs) in middle-income East Asian countries by utilizing the most recent and unique dataset from the World Bank Enterprise Surveys. We particularly assess whether and at what level the effects on SMEs differ from those on large firms; We also examine how financial and institutional development levels contribute to firm performance. Our findings provide important guidance for regulators, including the authorities of middle-income nations, who seek to facilitate SMEs’ development.

GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS,  EconPapers). Complete list of all GLO DPs – downloadable for free.

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

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