How Important Are Financing Constraints? The Role of Finance in the Business Environment

What role does the business environment play in promoting or restraining firm growth? Recent literature points to a number of factors as obstacles to growth. Inefficient functioning of financial markets, inadequate security and enforcement of property rights, poor provision of infrastructure, ineffi...

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Bibliographic Details
Main Authors: Ayyagari, Meghana, Demirgüç-Kunt, Asli, Maksimovic, Vojislav
Format: Journal Article
Published: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4489