Showing 1 - 5 of 5
questions is that there is still today a surprisingly high level of diversity in finance. This raises the two questions …
Persistent link: https://www.econbiz.de/10012037098
The paper analyses the linkages from financial developments to public finances. It maps and discusses the transmission channels to fiscal variables. These channels include asset prices, financing conditions, balance sheets of banks, non-banks and central banks and international linkages. The...
Persistent link: https://www.econbiz.de/10012052419
The Capital Markets Union-project of the European Commission aims for an increase of market-based debt financing of small and medium-sized enterprises (SMEs), complementing bank lending. In this essay we argue that rather than focussing on pure non-bank lending, a reasonable mix of bank- and...
Persistent link: https://www.econbiz.de/10011585923
We raise some critical points against a naïve interpretation of "green finance" products and strategies. These critical … insights are the background against which we take a closer look at instruments and policies that might allow green finance to … interaction of government policies with green finance practice - an aspect, which has been mostly neglected in policy debates but …
Persistent link: https://www.econbiz.de/10012653904
In recent decades, biodiversity has declined significantly, threatening ecosystem services that are vital to society and the economy. Despite the growing recognition of biodiversity risks, the private sector response remains limited, leaving a significant financing gap. The paper therefore...
Persistent link: https://www.econbiz.de/10014536060