This paper reviews the obstacles for an appropriate financial architecture of new economy firms in developing countries by reviewing the theoretical and some preliminary empirical underpinnings of the importance of legal and institutional barriers. Apart from the more conventional institutional...

Aid (ODA, Official Development Assistance) statistics are routinely produced by the Development Assistance Committee (DAC) of the OECD on the basis of data provided by bilateral donor agencies and using definitions and guidelines that represent a broad donor consensus. The use of new aid...