VoxEU Talk

Constraints to growth in Sri Lanka and private enterprise development in low-income countries

Christopher Woodruff talks to Viv Davies about his recent research in Sri Lanka that looks at the constraints to growth of micro-enterprises and how to generate job creation; he highlights the effects of wage subsidies, savings programmes, entrepreneurship training, firm registration and the transition from small informal firms to more dynamic enterprises. They also discuss a new 5-year competitive research grants programme, directed by Woodruff and co-ordinated by CEPR, that focuses on private enterprise development in low-income countries.