## Abstract This paper extends the literature on finance and investment by examining the source of finance constraints on the firm's investment decisions. Using a panel of 714 Indian manufacturing firms for the period 1993β98, we find that the degree of βfinance constraintβ differs significantly ac
The process of financial liberalisation in India
β Scribed by Kheswar C. Jankee
- Publisher
- John Wiley and Sons
- Year
- 2001
- Tongue
- English
- Weight
- 31 KB
- Volume
- 13
- Category
- Article
- ISSN
- 0954-1748
- DOI
- 10.1002/jid.775
No coin nor oath required. For personal study only.
β¦ Synopsis
in terms of designing appropriate policies, intervening to correct market failure (such as in rural areas) and establishing enabling institutions (including reducing self-interest, corruption and urban bias). Finally, Africa needs more international support for meaningful development to be achieved. This book addresses the need for African countries to learn from other's successful experience to develop their own path-dependent development strategy. In such an effort, this book is a valuable resource.
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