Showing 1 - 10 of 22
OECD governments have long assigned a high priority to improving conditions for access to finance for new, innovative … mezzanine finance for addressing diverse financing needs of SMEs and entrepreneurs, highlighting the advantages and costs in … cycle – for which mezzanine finance is best suited and the ways in which it is used to finance SMEs, comments on the …
Persistent link: https://www.econbiz.de/10011876994
This paper shows that finance has been a key ingredient of long-term economic growth in OECD and G20 countries over the … past half-century, but that there can be too much finance. The evidence indicates that at current levels of household and …
Persistent link: https://www.econbiz.de/10011399476
This study explores the effectiveness of the incentive mechanisms embedded within the UK’s Funding for Lending Scheme (FLS) for banks’ to expand their supply of lending to medium sized enterprises (SMEs). The FLS was announced by the Bank of England and HM Treasury in June 2012, with the aim...
Persistent link: https://www.econbiz.de/10011700148
Persistent link: https://www.econbiz.de/10003706898
Main changes to US farm programmes under the 2014 Farm Bill aim to strengthen instruments for risk management, both in commodity and in crop insurance programmes. In addition, the 2014 Farm Bill consolidated voluntary conservation programmes supporting agricultural land preservation and the...
Persistent link: https://www.econbiz.de/10011669492
Many authors underlined the convergence of financial structures towards a model which combines elements of the Anglo Saxon one, where markets prevail, with characteristics of the continental European systems, where intermediaries are predominant. The goal of this paper is to study financial...
Persistent link: https://www.econbiz.de/10003857689
Persistent link: https://www.econbiz.de/10009689731
High-yield corporate and leveraged loans have grown substantially over the past decade. However, the COVID-19 pandemic means downside risks are rising alongside expectations of severe negative impacts on corporate earnings and economic growth. The proportion of leveraged corporate debt exposed...
Persistent link: https://www.econbiz.de/10012312170
There has been increasing global concern from policy makers over the lack of access to finance for young innovative … stage finance based on OECD work focused on policies related to financing high growth firms, including angel investment and … venture capital. Growth in seed and early stage finance policies highlights the role that financial development and other …
Persistent link: https://www.econbiz.de/10011632361
This paper explores the extent to which “zombie” firms – defined as old firms that have persistent problems meeting their interest payments – are stifling labour productivity performance. The results show that the prevalence of and resources sunk in zombie firms have risen since the...
Persistent link: https://www.econbiz.de/10011700180