between the financial development, output growth and allocation of credit which makes sense from the standpoint of economic …

investigates the role of microcredit in China. It is argued that in China the conventional wisdom is to provide credit using … China. It explains why, in the absence of trust, rural credit corporations do not make loans to the very poor. Furthermore …, the model explains how Central party policies on rural credit can actually crowd out micro finance institution (MFI) and …

development: if households without connections could obtain equally strong property rights and accessto credit and insurance as …

trade more. Second, democracy implies higher quality governance either through institutions or policy-making procedures. I …. Economic freedom does not have the expected impact on international trade levels, but quality of governance variables have …

Almost all major development institutions today say that promoting good governance is an important part of their … agendas. Despite this consensus, .good governance. is an extremely elusive objective: it means different things to different … good governance as a concept. While methodological discussions are often esoteric, the study argues that this one has real …

Recent years have seen a proliferation of .composite indicators. or .indexes. of governance. Such measures can be … useful tools for analysing governance, making public policy, building scientific knowledge, and even influencing ruling …