East Asian corporations differ from their counterparts in other countries in important ways. Before the recent financial crisis these differences were viewed as one of the reasons for the success of East Asian economies. The crisis altered that view, and many scholars now argue that the weak...

The alleviation of poverty has been the prime objective of small-scale targeted credit programs such as the Grameen Bank of Bangladesh. Based on household survey data, this paper concludes that these programs can play an important role in both lesing poverty and sustaining household welfare on a...