On financial frictions and the rule of law in development Weak rule of law institutions distort establishments’ decisions and magnify financial frictions, contributing to substantial productivity losses Institutions & Political Economy Ashantha Ranasinghe Diego Restuccia Published 05.10.18
Land and financial misallocation in India A strong positive correlation emerges between the misallocation of land and misallocation of finance Finance Gilles Duranton Ejaz Ghani Arti Grover Goswami William Kerr Published 27.05.16