This study is a sequel to the Singh and Hamid's monograph (IFC Technical Paper No. 1) on corporate financing patterns and structures in nine industrializing economies. Singh and Hamid's was the first large scale research on this subject and it yielded quite unexpected results. The two authors...

Hyper-inflation can have a severe distortionary effect on the pattern of corporate finance which is apparent from company accounts. A simple algorithm, based upon the method of inflation accounting applied in Brazil, is developed and applied to the accounts of Turkish listed companies for the...

Abstract This paper is concerned with the neglected role of competition policy in East Asian development. Michael Porter considers Japan's development to have benefitted from intense competition among firms. By contrast, Caves and Uekusa criticize MITI's role in creating recession cartels and...