Showing 1 - 10 of 1,558
This paper is an analysis of Japan’s credit channel. The economic condition has no hindrance, but credit demand … aspects act as an impediment to credit control. The Executive Board expects restructuring of financial policies in government … this paper as a study of Japan’s thoughts in an efficient route to credit boom. …
Persistent link: https://www.econbiz.de/10011244991
This paper leverages the IMF’s Financial Access Survey (FAS) database to construct a new composite index of financial inclusion. The topic of financial inclusion has gathered significant attention in recent years. Various initiatives have been undertaken by central banks both in advanced...
Persistent link: https://www.econbiz.de/10011142035
In the wake of the recent global crisis the international community is giving an increased focus on stability of the financial system, so-called financial stability analysis. With the increasing need for data sets to undertake this analysis, the question naturally arises as to what types of data...
Persistent link: https://www.econbiz.de/10011142045
This paper examines access to business finance by Canadian small and medium-sized enterprises (SMEs) and to housing finance by Canadian households (particularly non-prime borrowers) against the background of a fairly concentrated and protected banking industry. It finds access broadly adequate...
Persistent link: https://www.econbiz.de/10005769089
microfinance sector in Africa. The paper supports the view that microfinance institutions, especially those engaged in full …. Growing linkages between microfinance institutions and the banking system and the dissemination of good practices by …
Persistent link: https://www.econbiz.de/10005263661
While public financial institutions (such as public development banks) are commonly associated with developing countries, in fact they are prevalent in the developed world as well. We study a sample of public financial institutions in industrialized countries and identify dominant trends in...
Persistent link: https://www.econbiz.de/10005826304
The paper discusses the role the financial sector can play in supporting growth in Japan. While overall credit … conditions have been accommodative, credit growth has remained weak, especially for small and medium-sized enterprises (SMEs …). Firm-level SME data and sectoral corporate balance sheets show that many SMEs have faced structural challenges of high …
Persistent link: https://www.econbiz.de/10010790387
This 2013 Article IV Consultation highlights that high oil prices and increased production have enabled the government in Kuwait to continue to record high fiscal and external surpluses and build strong buffers. Overall real non-oil GDP growth is projected to increase modestly to 3 percent in...
Persistent link: https://www.econbiz.de/10011244802
This paper presents key discussions of Cameroon’s 2013 Article IV Consultation. Economic activity in Cameroon has continued to recover gradually from the global financial crisis in 2008–2009, and inflation has remained subdued. In light of growing vulnerabilities, the report...
Persistent link: https://www.econbiz.de/10011245394
We develop a micro-founded general equilibrium model with heterogeneous agents to identify pertinent constraints to financial inclusion. We evaluate quantitatively the policy impacts of relaxing each of these constraints separately, and in combination, on GDP and inequality. We focus on three...
Persistent link: https://www.econbiz.de/10011163128