Tuesday, 28 October 2008

Policy Paper: Maitreesh Ghatak 'Where is Credit Due?'

Maitreesh Ghatak, in this article in Financial Express, analyses the role and functioning of credit markets in developing countries, a subject that evokes much dispute among economists. Are firms credit-constrained? How does one best measure returns to firms: as return to ability of entrepreneur or return to capital stock?

For further details see


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