has been that MSEs are offered the chance to try out training at a temporarily reduced price, and if service providers respond to this opportunity, MSEs' lack of experience of the benefits of training is
overcome, and they continue to purchase training at a higher level in future. This article discusses the economic rationale for intervention, then considers how to measure the short- and long-term development
effects of incentives such as voucher and matching grant schemes. This is illustrated through an evaluation of the development impact of a recently ended voucher programme in Kenya, which shows signs of
success in creating permanent market expansion in BDS training for MSEs.
- The shifting paradigm in microfinance — the case of Get Ahead's Stokvel Lending Programme
- Business Support Centres in the transition economies - progress with the wrong model?
- Book Reviews
- The market-based approach to enterprise assistance—an evaluation of the World Bank's market development grant funds
- Editorial: In honour of Alan Gibson