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"This paper documents several new patterns associated with firms issuing securities in foreign markets that motivate the need for and help guide future research. Besides noting that these international capital raisings grew almost four-fold from 1991 to 2005, accounting for 35 percent of all...
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The first part of this paper reviews the literature on the relation between finance and growth. The second part of the …
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financial services, the impact of this access, and the mechanisms through which finance affects poverty and inequality. The …
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system by using firm-level survey data on the obstacles that firms face in raising external finance. The paper assesses two … system is more important for explaining the obstacles that firms face in accessing external finance than the political …
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