3P. A. David, Why are institutions the carriers of history: path dependence and the evolution of conventions, organizations and institutions, Structural Change and Economic Dynamics, 1994, 5(2) :205-207.
4J E Stiglitz, A Weiss. Credit rationing in markets with imperfect information, The American Economic Review, 1981, 71(3) :393-410.
7Montiel and Richard Agenor. Informal Financial Markets in Developing Countries, IMF & Blackwell Publisher. 1994: 124-129.
8Kellee S. Tsai, A Cycle of Subversion: Formal Policies and Informal Finance in China and Beyond, prepared for delivery at the 1999 Annual Meeting of the American Political Science Association, 1999 (September). 37- 39.
9Prabhu Ghate. Informal Finance: Some Findings from Asia, Manila: Asian Development Bank & Oxford University Press. 1992: 41-53.
