Despite the driving role of economic growth, SMEs in Vietnam have dealt with many critical constraints relating to insufficiency of internal financing sources and inaccessibility of external funds arising from the crisis period. Based on the unique dataset of Vietnam's SMEs covering the period...

Small businesses (SMEs) depend on banks for credit. We show that the severity of the Eurozone crisis was worse in countries where firms borrowed more from domestic banks ("domestic bank dependence") than in countries where firms borrowed more from international banks. Eurozone banking...