In the expansionary phase of the economy (1995-2007) and, particularly after the Euro introduction, credit to the business sector increased significantly in Europe. According to surveys of the EC-Flash Eurobarometer (2005), over 77% of SMEs claimed to have appropriate funding levels. A number of...

The assessment of a financial position of SME has very much importance as for the analysis of current situation in a regional economy, as for modeling of their development by drawing up medium-term forecasts. Definition of SMEsituationsshall be done for separate sectors (from 15 to 45) of...

Using fund-, firm- and bank-level data we investigate the investments of private equity (PE) funds in the north-western regions of Italy. Both the private equity fund managers and the PE investments are heavily concentrated in this most developed area of the country. The average size of the...

This working paper provides an in-depth review of the opportunities and challenges surrounding water investment in Africa. It also presents the state of play in the use of ultimate sources of funding (the “3Ts”: tariffs, taxes, and transfers) and financing for water on the continent, showing...

This background report aims to take stock of main developments in capital markets and corporate governance in the region, to help inform the discussions on the review of the ASEAN Corporate Governance Scorecard.

High energy prices and major geopolitical shifts, paired with an accelerated global digitalisation of industries of economies worldwide and rising pressure to achieve sustainability goals, have created new uncertainties for German SMEs. Successfully navigating these changes, and in turn, seizing...

This paper provides an update to the report G20/OECD Effective Approaches for Implementing the G20/OECD High-Level Principles on SME Financing which identifies effective approaches adopted by countries to implement the G20/OECD High-Level Principles on SME Financing, welcomed by the G20 Leaders...

This report tracks the trajectory of SME finance from the aftermath of the global financial crisis to the more recent economic turmoil triggered by the COVID-19 pandemic. Highlighting key policy and regulatory responses, it examines initial counter-cyclical measures such as credit guarantees and...

This report provides an overview of equity markets in six Latin American countries (Argentina, Brazil, Chile, Colombia, Mexico and Peru), along with recommendations to support development of equity markets and access to finance for corporations in the region.

Presented to G20 Finance Ministers and Central Bank Governors in September 2015, this report discusses the scope for capital markets to provide a source of financing for SMEs and identifies options for capital market financing of SMEs given the size and nature of these businesses as well as the...