that financial market development can substitute public schemes when economic integration calls for more effective …

sovereignty to regulate cross-border finance under global economic governance institutions. …

Using firm level data on 70,000 enterprises in 107 countries, this paper finds important effects of access to finance … systematically by firm types. Micro and small firms have less access to formal finance, pay more in bribes than do larger firms, and … downward the size distribution of firms. In the case of finance and business regulations this occurs by reducing the employment …

The present contribution tests whether countries can be pooled when studying the finance-growth nexus. Overall, our …