Using a firm-level survey database covering 48 countries, this research paper investigates how financial and institutional development affects financing of large and small firms.
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![Financing Patterns Around The World: Are Small Firms Different?](/sme-d8/dev/sites/default/files/styles/large/public/post/images/447384_financing-patterns-around-world56.jpg?itok=RVOAEPsI)