the hardcopy version), which portrayed the first results of a new strategy in the field of development finance implemented … development finance, the paper provides information about the shareholder composition and the investment portfolio of what is at …

) around the globe, with the focus on alternative finance — financing from all the non-market, non-bank external sources. We … developed and developing countries. Alternative finance is often the dominant source of funds for firms in fast …-growing economies. We compare market- and bank-finance with alternative finance, along with the supporting mechanisms such as legal and …