It takes the average reader and 28 minutes to read Understanding the Use of Long-term Finance in Developing Economies by Mr.Maria Soledad Martinez Peria
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This short paper reviews recent literature on the use of long-term finance in developing economies (relative to advanced ones) to identify where long-term financing occurs, and what role different financial intermediaries and markets play in extending this type of financing. Although banks are the most important providers of credit, they do not seem to offer long-term financing. Capital markets have grown since the 1990s and can provide financing at fairly long terms. But few firms use these markets. Only some institutional investors provide funding at long-term maturities. Governments might help to expand long-term financing, although with limited policy tools.
Understanding the Use of Long-term Finance in Developing Economies by Mr.Maria Soledad Martinez Peria is 28 pages long, and a total of 7,224 words.
This makes it 9% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Understanding the Use of Long-term Finance in Developing Economies aloud.
Understanding the Use of Long-term Finance in Developing Economies is suitable for students ages 8 and up.
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