Why scarce small and medium enterprise financing hinders growth in Latin America: A role for public policies

Rolando Avendaño, Niels Boehm, Elisa Calza, 27 January 2013

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Small and medium enterprises represent a significant share of emerging economies’ business fabric. Nevertheless, they continue to face multiple challenges in meeting their financing needs. Public financial institutions have come to play an active role in addressing these financing gaps through new operational mechanisms and adapted instruments.

Topics: Development
Tags: Finance, Latin America, SMEs

Reinvigorating the trade policy agenda: Think supply chain!

Bernard Hoekman, Selina Jackson, 23 January 2013

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International supply chains have become a fundamental feature of global commerce, with goods being processed – and value being added – in the multiple countries that are part of the chain.

Topics: Global governance, International trade
Tags: barriers to trade, global supply chain, small and medium-sized enterprises, SMEs

Foreigners vs. natives: Bank lending and loan pricing

Thorsten Beck, Vasso P. Ioannidou, Larissa Schäfer, 13 July 2012

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The past two decades have seen a large increase in foreign bank entry across the globe. The increase in foreign bank participation has been especially strong in the transition countries of Central and Eastern Europe and Latin America, reaching well above 80% of the number of banks in several countries (Claessens et al. 2008).

Topics: Global crisis, International finance
Tags: Bolivia, foreign banks, SMEs

Recessions and small business access to credit: Lessons for Europe from interstate banking deregulation in the US

Mathias Hoffmann, Iryna Stewen, 19 February 2012

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The European sovereign debt crisis is often viewed as a banking crisis in disguise (see, for instance, Mody and Sandri 2011 on this site). Policymakers are rightly concerned about the prospect that ever more cautious banks may eventually stop lending to small and medium-sized businesses (or enterprises, known as SMEs).

Topics: International finance
Tags: banking deregulation, credit, recessions, SMEs

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