Everybody loves small firms. Whether big donors or small, bilateral or multilateral. Whether left or right, government or non-government, practitioners or academics, myself included. Small firms have even gained a prestigious place in the firmament of social policy, where microcredit and other small-firm programs are seen as forming a safety net into which the poor can gently fall. But this is exactly where the trouble begins, and that's what this article is about.
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Judith Tendler (2002) studied this question.