Ein zweiter Kreditmarkt für eine zweite Chance

Unregulated credit markets will not finance the majority of unemployed people when they aim to receive a loan for running their own business. In the US an optimal policy mix reduces the entry barriers so that the most promising self-employment business plans are self-selected and financed via a secondary credit market. By this tool unemployed persons get a second chance which opens the possibility for self-employment. In Germany a similar approach is missing. The existing policy tools in the finance area are not designed to provide a second chance. Copyright Verein fü Socialpolitik und Blackwell Publishers Ltd 2000