Access to external finance, such as bank loans or trade credit, is a key determinant of a firm’s ability to develop, operate, and expand. Economic researchers have studied how various macroeconomic ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper develops a theory of international trade in which financial development and factor endowments jointly determine ...

The Sheffield-based British Business Bank’s Small Business Finance Markets 2024/25 report, published today, finds that usage of external finance by smaller businesses in Yorkshire and the Humber rose ...

Access to external finance is a key determinant of a firm’s ability to develop, operate and expand. To date, the literature has examined a variety of macroeconomic and microeconomic factors that ...