Financing of firms in developing countries : lessons from research

This paper reviews and synthesizes theoretical and empirical research on the role of finance in developing countries. First, the paper presents the stylized facts about firms in developing nations as well as the legal, financial and broader institutional framework in which these firms operate. Next, the paper focuses on the financing choices available to small and medium firms in developing countries and highlights areas needing additional research.

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Year of publication:	2012-04-01
Authors:	Ayyagari, Meghana ; Demirguc-Kunt, Asli ; Maksimovic, Vojislav
Institutions:	Economics Research, World Bank Group
Subject:	Debt Markets \| Access to Finance \| Emerging Markets \| Financial Literacy \| Banks&Banking Reform

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Extent:	application/pdf
Series:	Policy Research Working Paper Series.
Type of publication:	Book / Working Paper
Notes:	Number 6036
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010829756