Showing 1 - 10 of 97
Services are playing an increasingly important role in the global economy. Over the last few decades, the sector's contribution to output, employment, and value-added trade has grown quite dramatically. The rise of services and apparent decline of manufacturing employment have raised concerns...
Persistent link: https://www.econbiz.de/10011944852
This paper describes the statistics reforms in Japan, especially in regard to gross domestic product and related statistics, that were meant to identify and then rectify the problems in Japanese government statistics. The paper then explains the recent revelation of serious errors in vital wage...
Persistent link: https://www.econbiz.de/10012137055
In Asia, small and medium-sized enterprises (SMEs) account for a major share of employment and dominate the economy … particular venture capital markets. Hence, looking for new methods of financing for SMEs is crucial. Hometown investment trust … paper, we explain the importance of SMEs in Asia and describe about HITs. We then provide a scheme for the credit rating of …
Persistent link: https://www.econbiz.de/10010425546
medium-sized enterprises (SMEs) in the People's Republic of China (PRC) and five Southeast Asian economies (Indonesia … finance since the global financial crisis, including sources of credit, lender types, and collateral types. First, SMEs …, when it comes to external finance, SMEs typically use informal non-bank credit sources more than banks. Third, there is a …
Persistent link: https://www.econbiz.de/10010462574
Many reforms have taken place in Indonesia following the Asian financial crisis of 1997 - 1998. The government has embarked upon institutional transformation, making the country one of the region's most vibrant democracies. In social, economic, and political areas, Indonesia has seen much...
Persistent link: https://www.econbiz.de/10011289307
Most micro, small, and medium-sized enterprises (MSMEs) operate informally. While informal sectors are thought to contribute less to national economic development, MSMEs are a driving force behind national economic growth. Thus, formalizing informal MSMEs is critical to boosting national...
Persistent link: https://www.econbiz.de/10013169131
This study empirically investigated the factors affecting firms' ability to adjust production in response to the COVID-19 outbreak. This study used firm-level survey data from the Enterprise Survey implemented by the World Bank Group, including a standard Enterprise Survey (Baseline) and two...
Persistent link: https://www.econbiz.de/10012800706
Since the first quarter of 2020, micro, small, and medium-sized enterprises (MSMEs) in developing countries have faced significant hardship due to the economic shocks related to the COVID-19 pandemic. Questions arise, however, regarding the extent to which MSMEs' hardship has varied between...
Persistent link: https://www.econbiz.de/10012627092
This paper investigates the impacts of the COVID-19 pandemic and the large-scale social distancing (PSBB) policy on Indonesia's financial technology (fintech) markets. It also elaborates the roles that fintech companies can play in the national economic recovery. This paper finds that...
Persistent link: https://www.econbiz.de/10012609367
This study assesses the impact of the COVID-19 pandemic on micro, small, and medium-sized enterprises (MSMEs) and the role of Fintech, in particular mobile financial services (MFS), in their recovery from COVID-induced losses. The study uses data from a survey of 216 MSMEs from Bangladesh Small...
Persistent link: https://www.econbiz.de/10012807627