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Persistent link: https://www.econbiz.de/10011812859
This paper shows that finance has been a key ingredient of long-term economic growth in OECD and G20 countries over the past half-century, but that there can be too much finance. The evidence indicates that at current levels of household and business credit further expansion slows rather than...
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The engines of economic growth in Russia remain concentrated in industries dependent on exports of raw commodities. To … achieve sustainable long-term growth, Russia needs to diversify its economic activities, and boosting innovation needs to be a …
Persistent link: https://www.econbiz.de/10002898701
We use the association between non-financial firms and their banks, an information available in the European Investment Bank Investment Survey (EIBIS), to disentangle the effects of borrowers' and lenders' financial weakness on the satisfaction with the loan contracted. The dataset matches...
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This report identifies effective approaches adopted by countries to implement the G20/OECD High-Level Principles on SME Financing, welcomed by the G20 Leaders at their Antalya Summit in 2015. It draws on participating countries’ replies to dedicated surveys. In total, 40 countries participated...
Persistent link: https://www.econbiz.de/10011996442