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Almost all formal small and medium enterprises (SMEs) in Jamaica have access to checking or saving accounts, but the … financial sector is scarcely used to finance their investments. The lack of funding for the SME sector, or its high cost, has a … negative impact on entrepreneurship and business profitability and stability through the business life-cycle, having a …
Persistent link: https://www.econbiz.de/10012564646
Presented to G20 Finance Ministers and Central Bank Governors in September 2015, this report seeks to identify key capital markets instruments that can help mobilize institutional investors to infrastructure and small and medium-sized enterprise financing in emerging market economies.
Persistent link: https://www.econbiz.de/10015083202
This paper is an analysis of Japan’s credit channel. The economic condition has no hindrance, but credit demand showed an inert performance. The state’s policies have helped the flow of finance and prevent bankruptcy, but several other aspects act as an impediment to credit...
Persistent link: https://www.econbiz.de/10011244991
the household and SMEs sectors could affect this process. The first section of the paper discusses implications of global … households and SMEs for the rebalancing process. The last section concludes with policy recommendations. …
Persistent link: https://www.econbiz.de/10011243587
This paper examines the impact of macroeconomic and financial sector policy announcements in the United States, the United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia. Announcements of interest rate cuts, liquidity support, liability...
Persistent link: https://www.econbiz.de/10014402377
The paper addresses issues that arise in designing a framework for inflation targeting, with particular attention to features of the Bank of England's approach and experience. The comparison of welfare reform in the United Kingdom with similar efforts in other countries is discussed. The paper...
Persistent link: https://www.econbiz.de/10014402527
This 2008 Article IV Consultation highlights that the United Kingdom’s economic growth was above trend in 2006 and 2007. In terms of expenditure, the expansion was largely driven by private consumption, on the heels of strong employment, steady real wage and living standards growth, and a...
Persistent link: https://www.econbiz.de/10014402841
The U.K. economy is on the mend, but crisis-related scars still need healing. The challenge ahead will be to ensure sustainable recovery and balance sheet repair while remaining flexible to respond to shocks. A highly accommodative monetary stance is required to offset the contractionary impulse...
Persistent link: https://www.econbiz.de/10014403095