However, this should not be seen purely negatively, provided that the imbalance is due to the faster increase in incomes on the part of high income earners while income as a whole rises. This kind of negative effects should disappear in time as they are transitional phenomena arising in the course of the entry of these vast countries into the global market economy. Ⅵ.
“Broad based” is defined to mean that there are at least five potential participants; further, even if many more than five firms were eligible for the facility, it could not be considered “broad based” if its purpose was to assist failing firms avoid bankruptcy or resolution, or to lend to insolvent borrowers.