The recent financial crisis has put the spotlight on the rapid rise in credit which preceded it. In this paper, we … provide an empirical and theoretical analysis of the credit boom and the macroeconomic context in which it developed. We find … economies in which it took place. We show that this type of credit and financial cycle is hard to reconcile with existing …

financial sector's role as enabler of real investment is analyzed. So far, there is no significant evidence that the credit … base equity ratio values). In particular, the flow of credit to non-financial businesses remains intact despite heavy … crisis and any general impact of the crisis on the credit market respectively. The statistical tests turned out to be little …

This study sheds light on small and medium-sized enterprise (SME) financing and its performance in Thailand. It …

enterprises and the constraints to SME financing remain the main topic of policy discussion today. Against this background, the … market-friendly business model and supporting scheme to help SMEs gain access to credit on a sustainable basis. Given the … SME financing. This will also ensure that lending to small-business clients is not a burden to the government and is self …

engagement affect financing preference. To investigate access to credit determinants, only enterprises that need to raise capital … evidence is needed on enterprises' financing preference and access to credit determinants for the fact that the empirical tests … micro- and small-scale enterprises' financing preference and access to credit in Benishangul Gumuz Regional State of …

The paper presents a model in which credit-constrained firms might delay the adoption of new and more productive … technologies because of the very high external financing costs they face. Our point of departure is that the efficiency of the … of resources channelled to the credit market, but also indirectly by affecting entrepreneurs’ investment decisions. Along …

Credit contracting between a lender with a market power and a small start-up entrepreneur may lead to a rejection of … be eliminated by a government support in the form of credit guarantees or subsidies. The principal-agent model of this …

capita output growth, the credit cycle, the stock of inward foreign direct investment (FDI) and the current account balance … development of the credit to GDP ratio. …

between the financial development, output growth and allocation of credit which makes sense from the standpoint of economic …