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finance of the cities and municipalities through which it directly passes. Specifically, we exploit a unique, disaggregated …
Persistent link: https://www.econbiz.de/10011391666
This paper theoretically evaluates the dynamic effects of a shift in an exchange rate system from a fixed regime to a basket peg, or to a floating regime, and obtains transition paths for the shift based on a dynamic stochastic general equilibrium model of a small open economy. We apply...
Persistent link: https://www.econbiz.de/10010488975
development of the SME sector is the lack of stable finance. Considering the bank-dominated characteristic of economies in Asia …
Persistent link: https://www.econbiz.de/10011305386
access to finance, lack of databases, low R&D expenditures, undeveloped sales channels, and low levels of financial inclusion … growth in Asia including i) lack of finance, ii) lack of comprehensive databases, iii) low level of R&D expenditures, and iv …
Persistent link: https://www.econbiz.de/10011452863
Difficulty in accessing finance is one of the critical factors constraining the development of small and medium … stable finance. One efficient way to promote SME financing is through credit guarantee schemes, where the government …
Persistent link: https://www.econbiz.de/10011522082
In Asia, small and medium-sized enterprises (SMEs) account for a major share of employment and dominate the economy. Asian economies are often characterized as having bank-dominated financial systems and underdeveloped capital markets, in particular venture capital markets. Hence, looking for...
Persistent link: https://www.econbiz.de/10010425546
challenges in accessing cheap finance, mainly because there is an asymmetric information problem between suppliers and demanders … of funds, which hinders their growth. This paper will highlight the difficulties of SMEs in accessing finance, and …
Persistent link: https://www.econbiz.de/10011697478
expansion at subdistrict level could ease access to finance and thereby improve performances of SMEs in developing countries. …
Persistent link: https://www.econbiz.de/10011949789
Due to the asymmetry of information between borrowers that are small- or medium-sized enterprises (SMEs) and lenders (banks), many banks are considering this sector as a risky sector. It is crucial for banks to be able to distinguish healthy from risky companies in order to reduce their...
Persistent link: https://www.econbiz.de/10011949799
accessing cheap finance, mainly because of the asymmetric information problem between suppliers and demanders of funds and the … highlight the difficulties of SMEs in accessing finance and provide measures for mitigating them. The remedies proposed in this … the collateral issue of the SMEs and ease their assess to finance. …
Persistent link: https://www.econbiz.de/10011949926