Invisible to official statistics and operating outside the reach of governmental regulation, informal finance markets often prove more efficient and more fair than their formal counterparts. The authors of these studies emphasize the diversity and richness of informal credit markets.
Invisible to official statistics and operating outside the reach of governmental regulation, informal finance markets often prove more efficient and m...
Relations between Congress and the executive branch have always been an uneasy mixture of mutuality and autonomy, cooperation and conflict. The U.S. Constitution required that the two branches of the federal government work in concert, but it also mandated a separation of powers. Inevitably, this situation has led to a clash of wills and a contest
Relations between Congress and the executive branch have always been an uneasy mixture of mutuality and autonomy, cooperation and conflict. The U.S. C...
