This Article provides a comprehensive review of the crowdfunding phenomenon. It argues that equity crowdfunding (ECF) and, to a lesser extent, peer-to-peer lending (P2PL) offer the possibility of a global solution to the small and medium-sized enterprise (SME) funding problem. In the United...

The paradigm example of globalization is the global integration of financial markets. Globalization has significant implications for New Zealand -- a small island nation far from the centers of world capital -- that flow from the particular characteristics of New Zealand's economy. In order to...