Feijen, Erik (contributor); Perotti, Enrico C. (contributor) - 2006
(Engermann and Sokolo�, 1997, Acemoglu et al, 2003).
�4 �
appears indeed to limit access to �nance particularly for SMEs (Beck … encourage
�nancial development. While lack of funding is not the sole obstacle for potential entrepreneurs
(McMillan and Woodru … worse institutions or poor transparency (Demirguc-Kunt and Detragiache,
1998; Mehrez and Kaufmann, 1999; Keefer, 2001).
In …