Financial Development and Growth in India : A Growing Tiger in a Cage?

A Growing Tiger in a Cage?

Financial Development and Growth in India : A Growing Tiger in a Cage?
This paper examines the efficiency of the different segments of India's financial system using firm-level data on corporate financing patterns. Firms are increasingly relying on external funds to finance their investment in most recent years. Empirical analyses indicate that (1) the financial system in India is not channeling funds into... READ MORE...

Publication date: March 2008
ISBN 9781451869408
$18.00

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