Protection: Using Markets and Private Capital for Development -- Microfinance and Climate Change: Threats and Opportunities … should serve as an interface to other sub-sectors of financial sector promotion such as microfinance, housing finance or …

tend to test this hypothesis and explore whether financial innovation crowd out consumer and corporate credit creation and … that financial innovation crowds out credit creation. At the same time, its effect on investment seems to be significant … on growth. The effect of credit creation on growth does not seem to be substantiated. The study showed that financial …