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, especially in developing countries. The paper first discusses the institutional constraints that impede access to finance … firm heterogeneity among small and medium enterprises in accessing finance. The focus is on various policies and reforms …
Persistent link: https://www.econbiz.de/10012943536
In recent years, many emerging market countries have developed or are in the process of developing SME Exchanges to provide financing to SMEs, but few have succeeded. This paper aims to help stock exchanges and policy makers think through the key questions to be addressed to determine if, when,...
Persistent link: https://www.econbiz.de/10012972279
constraints for African enterprises. The paper compares access to finance in Africa and other developing regions of the world …, within Africa across countries, and across different groups of firms. It relates firms' access to finance to firm and banking …
Persistent link: https://www.econbiz.de/10012972791
access to finance is often cited as the biggest operational constraint these firms face. This paper documents the use of … finance and financing patterns of informal firms, highlights differences between use of finance by formal and informal firms …
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enterprises finance their working capital and investments mainly through trade credit and informal sources of finance. These two …
Persistent link: https://www.econbiz.de/10012973852
ease access to finance in low-income countries. Second, there is no evidence that smaller institutions are better in … providing access to finance. To the contrary, larger specialized lenders and larger banks might actually ease small firms …
Persistent link: https://www.econbiz.de/10012975751
In the aftermath of the global financial crisis of 2008-2009, there has been an increased interest in the role of small and medium enterprises in job creation and economic growth. However the lack of consistent indicators at the country level restricts extensive cross-country analyses of lending...
Persistent link: https://www.econbiz.de/10012976200