Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad - 2014
funds (HIT) are a new form of financial intermediation that has now been adopted as a national strategy in Japan. In this …In Asia, small and medium-sized enterprises (SMEs) account for a major share of employment and dominate the economy …. Asian economies are often characterized as having bank-dominated financial systems and underdeveloped capital markets, in …