In this paper, we assess the success of the ongoing financial system reforms in China by investigating the extent to … Chinese corporate sector, and analyze whether incoming foreign investment in China plays an important role in alleviating … domestic firms' credit constraints. Using firm-level data on 1300 domestic companies over the period 2000-2002, we confirm that …

Improving access to capital through credit and public spendings is an important step toward development and poverty … shows that deforestation is positively correlated to access to credit and public spendings, which gives some evidence that … natural capital is a complement to credit and public spendings. …

crédit est plafonné par la législation. En parallèle, la croissance de la microfinance dans le monde a montré que les … techniques innovatrices peuvent augmenter la disponibilité de crédit, sans augmenter indûment le risque. Néanmoins, cette … croissance de l'accès au crédit peut ne pas se concrétiser si les taux de crédit restent plafonnés par des lois régissant l …

real per output growth, excess credit, foreign direct investment (FDI) and the current account balance, in the Central and … credit. The results are economically and statistically significant, and robust. …

In this paper, we analyze whether incoming foreign investment in China plays an important role in alleviating domestic … firms' credit constraints. Access to external finance is a crucial determinant of business expansion. Using firm-level data … support of the notion of a soft budget constraint for public firms. In contrast, private domestic firms appear more credit …

and credit rationing. …