A similar study in 2005 found nearly 90 percent of small employers had most or all their credit needs met and only eight percent obtained no credit. Even though conditions in financial markets have continued to improve in 2010, access to credit remains restricted for many smaller businesses, who largely depend on banks for credit.
The nature of the problem, I argued … is to find that institutional framework within which to maximise national, social welfare… subject to the constraints which are imposed by the decisions which all other countries have made: for it is these decisions which define the universe within which choice must be exercised.