9min chapter

VoxDev Development Economics cover image

S4 Ep40: How connecting firms to markets can promote economic development

VoxDev Development Economics

CHAPTER

Market Access and Firm Success

This chapter examines how market access is a crucial factor affecting the success of firms in low and middle-income countries. It highlights the relationship between limited market access and small firm size, as well as the importance of improved infrastructure and reduced trade frictions in promoting economic growth. Additionally, the chapter discusses the challenges and trade-offs of developing domestic versus export markets while emphasizing the role of targeted training initiatives to enhance export capabilities and marketing skills.

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