Financial Market Constraints and Private Investment in a Developing Country /

Firms in developing countries that seek outside financing for investment must often choose their debt-equity combinations in the face of financial market constraints on debt service, on outside equity financing, and on internal finance (endowments). Inefficiencies in the allocation of available fina...

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Bibliographic Details
Main Author: Johnson, Omotunde
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1990.
Series:IMF Working Papers; Working Paper ; No. 1990/121
Online Access:Full text available on IMF