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This paper summarizes and discusses new evidence on the nature, extent, evolution and consequences of financing constraints in Latin America. The countries covered are: Argentina, Colombia, Costa Rica, Ecuador, Mexico, and Uruguay. All the new contributions share the characteristics of being...
Persistent link: https://www.econbiz.de/10005074125
Using firm level panel data from twelve developing countries we explore if financial liberalization improves the efficiency with which investment funds are allocated. A summary index of the efficiency of investment allocation that measures whether investment funds are going to firms with a...
Persistent link: https://www.econbiz.de/10005102616
Has financial liberalization improved the efficiency with which investment funds are allocated to competing uses? In this paper, we address this question, using firm level panel data from twelve developing countries. The basic idea is to investigate whether financial liberalization has increased...
Persistent link: https://www.econbiz.de/10005027880