High-Growth Firms - Facts, Fiction, and Policy Options for Emerging Economies Grover ArtiPaperback / softback

Remarkably, a small fraction of firms account for most of the job and output creation in high-income and developing countries alike. Or would pursuing broad-based reforms that minimize distortions be more effective?Inspired by these questions, this book presents new evidence on the incidence, characteristics, and drivers of high-growth firms based on in-depth studies of firm dynamics in Brazil, C te d'Ivoire, Ethiopia, Hungary, India, Indonesia, Mexico, South Africa, Thailand, Tunisia, and Turkey. Does this imply that the path to enabling more economic dynamism lies in selectively targeting high-potential firms?

Its findings reveal that high-growth firms are not only powerful engines of job and output growth but also create positive spillovers for other businesses along the value chain.At the same time, the book debunks several myths about policies to