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Why does a country's legal origin influence its firms' access to finance? Using data from over 4,000 firms in 38 … external finance than firms in common law countries. Next, their results indicate that French legal origin countries tend to … firms face in contracting for external finance than the political independence of the judiciary. So, they distinguish among …
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to finance has become an important issue for policymakers in Latin America. Small and medium enterprises (SMEs), in …
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Microcredit programs in Bangladesh have experienced spectacular growth in recent years, with a growing number of borrowers availing credit from multiple microcredit agencies. There is a growing concern that if there are not sufficient returns to borrowing from microfinance institutions (MFIS),...
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