1 “... in such countries during normal times), a crisis in such countries has less of a disproportionately negative effect...”

2 “... that were not covered earlier due to a lack of data. Moreover, for the first time, it provides historical...”

3 “... downturns have already set in. The size and timing of loan loss provisions tend to improve with the level...”

4 “... that are more reliant on natural resources and spent a longer time under socialist governments are more likely...”

5 “.... The initial difference between small and large firms disappears over time. Laeven hypothesizes that financial...”