In developing countries the global financial crisis is leading to serious difficulties for infrastructure projects with private participation. In some cases governments are responding by simplifying their project approval processes or by substituting public for private financing. Even if markets...

New private activity continued to take place in developing countries in Aug-Nov 2008 with projects being developed, tendered, and taken to financial close, but at a rate that was about 40 percent lower than in the same period in 2007. The slowdown reflects an initial impact of the financial...

Corporate Finance and Financial Development: An Introduction -- Entrepreneurs' dynamic capabilities, financial resource development and financial performance among small and medium enterprises in emerging markets: Experience from Tanzania -- Does ICT Diffusion Drive the Finance-Growth Nexus?...