Many people in developing countries are either self-employed or employed in small enterprises (roughly ten or fewer people). IPA’s research in this area investigates solutions to help these businesses thrive and grow through access to finance, skill-building, and encouraging first-time entrepreneurship.

Compared to their counterparts in high-income countries, small and medium enterprises (SMEs) in low-and-middle-income countries, are often less productive, grow slower, and hire fewer workers.

A cocoa farmer in Sierra Leone

In perfectly competitive markets, higher valued agricultural products should translate into higher prices, putting more money in the pockets of farmers.

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In developing countries small and medium enterprises (SMEs) are thought to be an important source of innovation and employment because of their fle