Financial liberalization and financing constraints
Subtitle: evidence from panel data on emerging economies
By: Luc Laeven.
Contributors: World Bank. Financial Sector Strategy and Policy Dept.
Series: Policy research working paper ;; 2467; Policy research working papers (Online) ;; 2467.
Publisher: World Bank, Financial Sector Strategy and Policy Dept.
Published: 2000
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Investments -- Developing countries -- Econometric models.; Small business -- Effect of Commercial credit on -- Econometric models.; Credit -- Developing countries -- Econometric models.
Description: Financial liberalization reduces imperfections in financial markets by reducing the agency costs of financial leverage. Small firms gain most from liberalization, because the favoritism of preferential credit directed to large firms tends to disappear under liberalization.
Notes: Includes bibliographical references (p. 30-33).
Title from title screen as viewed on Oct. 21, 2002.
"October 2000."
Also available in print.
Mode of access: World Wide Web.