The Impact of Business and Financial Literacy Training for Young Entrepreneurs in Bosnia-Herzogovina

Firms in developing countries are widely known to face many constraints, from lack of access to finance and physical capital to poor infrastructure. The course seems to have been particularly effective at promoting business growth for those entrepr...

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Bibliographic Details
Main Authors: Bruhn, Miriam, Zia, Bilal
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2011/05/14928060/impact-business-financial-literacy-training-young-entrepreneurs-bosnia-herzogovina
http://hdl.handle.net/10986/10096
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Summary:Firms in developing countries are widely known to face many constraints, from lack of access to finance and physical capital to poor infrastructure. The course seems to have been particularly effective at promoting business growth for those entrepreneurs who exhibited higher levels of financial literacy at the baseline. Policymakers might therefore consider targeting business training resources towards existing firms, with an emphasis on particularly teachable behaviors.