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Financial and Legal Constraints to Growth: Does Firm Size Matter?
Using a unique firm-level survey database covering 54 countries, we investigate the effect of financial, legal, and corruption problems on firms' growth rates. Whether these factors constrain growthExpand
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The determinants of financing obstacles
The authors use survey data on a sample of over 10,000 firms from 80 countries to assess (1) how successful a priori classifications are in distinguishing between financially constrained andExpand
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Small and medium-size enterprises: Access to finance as a growth constraint
Abstract This paper presents recent research on access to finance by small and medium-size enterprises (SMEs). SMEs form a large part of private sector in many developed and developing countries.Expand
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A New Database on the Structure and Development of the Financial Sector
This article introduces a new database of indicators of financial structure and financial development across countries and over time. The database is unique in that it combines a wide variety ofExpand
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Finance for all?: Policies and pitfalls in expanding access
This book, finance for all, presents first efforts at developing indicators illustrating that financial access is quite limited around the world and identifies barriers that may be preventing smallExpand
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Law and Finance: Why Does Legal Origin Matter?
New research suggests that cross-country differences in legal origin help explain differences in financial development. This paper empirically assesses two theories of why legal origin influencesExpand
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Financing patterns around the world : Are small firms different?
Using a firm-level survey database covering 48 countries, we investigate how financial and institutional development affects financing of large and small firms. Our database is not limited to largeExpand
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Financial and Legal Constraints to Firm Growth: Does Size Matter?
Using a unique firm-level survey data base, covering fifty four countries, the authors investigate whether different financial, legal, and corruptionissues that firms report as constraints, actuallyExpand
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Finance, Firm Size, and Growth
This paper examines whether financial development boosts the growth of small firms more than large firms and hence provides information on the mechanisms through which financial development fostersExpand
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Banking Services for Everyone? Barriers to Bank Access and Use Around the World
Using information from 193 banks in 58 countries, the authors develop and analyze indicators of physical access, affordability, and eligibility barriers to deposit, loan, and payment services. TheyExpand
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