Making it big : why developing countries need more large firms /
Economic and social progress requires a diverse ecosystem of firms that play complementary roles. This publication constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a...
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| Main Authors: | , , , , , |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, DC :
World Bank Group,
[2020]
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| Subjects: | |
| Online Access: |
Full text (Emmanuel users only) |
Table of Contents:
- Front Cover
- Contents
- Foreword
- Acknowledgments
- Executive Summary
- 12 Empirical Highlights
- Abbreviations
- Introduction Firms do not all serve the same purpose
- Firms do not all serve the same purpose
- How large is large?
- Note
- References
- 1. Large firms make distinct contributions to development
- Firm size is associated with productivity
- Size is a proxy for a package of characteristics and strategies
- Scale is associated with different returns to workers
- Macroeconomic outcomes are influenced by large-firm activity
- Notes
- References
- 2. The "missing top"
- Lower-income countries tend to have smaller firms
- The gap is in the larger among large firms
- Is there a "missing top"?
- Notes
- References
- 3. Large-firm creation: Origins and growth paths
- What do we know about the origins of large firms?
- Cross-country information on firm creation
- Origin of large firms
- Growth paths of large firms
- Notes
- References
- 4. Supporting large-firm creation
- What types of constraints give rise to the "missing top"?
- How to foster large-firm creation?
- Technology changes large-firm creation, growth, and impact
- What are the options for low-income countries?
- Case study
- Large-firm creation in Guinea: Past, present, and future
- The role of development finance institutions
- Notes
- References
- Appendixes
- Appendix A: Methodology for large-firm premiums
- Appendix B: The OECD Orbis database
- Appendix C: Why is the large-firm wage premium higher in lower-income countries?
- Appendix D: Outliers of the firm distribution
- Appendix E: IFC client data
- Appendix F: Origin and growth path results
- Appendix G: Sample for the growth path analysis
- Appendix H: Growth paths for France
- Boxes
- Box 1.1 Comparability of data on establishments versus firms
- Box 1.2 Size and management practices in Latin America and the Caribbean
- Box 1.3 The International Income Distribution Data Set (I2D2)
- Box 1.4 Job quality and development: Is there a trade-off?
- Box 2.1 A Pareto approximation of the firm-size distribution
- Box 3.1 Ethiopian Airlines: A state-owned venture that relied on foreign know-how to grow
- Box 3.2 The Tata Group of India: A family-owned conglomerate expanding into different sectors
- Box 3.3 Secure ID, Nigeria: Entrepreneurship building on large-firm experience
- Box 3.4 Tbilvino, Georgia: The importance of managerial ability for resilience and growth
- Box 3.5 Wadi Group, Egypt: Product and market diversification as a growth strategy
- Box 3.6 Indorama Group, Indonesia: The importance of foreign expansion for growth in the chemical industry
- Box 3.7 Atasu Logistics, Kazakhstan: Moving from internal to external finance for growth
- Box 4.1 Privatization and foreign ownership do not guarantee contestable markets: The case of South Africa's steel industry
- Box 4.2 Severity and specificity analysis for constraints reported in World Bank Enterprise Surveys.