important role than internal processing technology. General bank level factors are more important than local internet access …. Bank internal use of technology appears to be more relevant than use of technology by competitors. While large banks rely … on technology to shed branches, small banks close branches when fragile or consolidating …

During the past decades, firms from emerging economies have significantly increased the amount of financing obtained in … have been a key driver of the observed trends in capital market financing since the early 2000s. As domestic markets … developed, more and smaller firms gained access to equity and corporate bond financing. Domestic markets also helped some …