EconPapers    
Economics at your fingertips  
 

A New Regime of SME Finance in Emerging Asia: Enhancing Access to Growth Capital and Policy Implications

Shigehiro Shinozaki ()
Additional contact information
Shigehiro Shinozaki: Financial Sector Specialist (SME Finance), Office of Regional Economic Integration Asian Development Bank, 6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines

Journal of International Commerce, Economics and Policy (JICEP), 2014, vol. 05, issue 03, 1-27

Abstract: While finance is critical for small and medium-sized enterprises (SMEs) to survive and grow, most SMEs suffer from poor access to finance. Given the pronounced global financial uncertainty, stable access to appropriate funding sources has become even more difficult for SMEs to attain. Lessons from the global financial crisis have motivated many countries to consider SME access to finance beyond conventional bank credit and to diversify their domestic financial systems. This paper uses empirical analysis to point out the limitations of traditional bank lending to SMEs and suggests possible policy approaches facilitating them to access growth capital.

Keywords: Access to finance; bankability; diversified financing; financial inclusion; growth capital; SME finance; F36; G21; G28 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1793993314400109
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:jicepx:v:05:y:2014:i:03:n:s1793993314400109

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1793993314400109

Access Statistics for this article

Journal of International Commerce, Economics and Policy (JICEP) is currently edited by Ramkishen S. Rajan

More articles in Journal of International Commerce, Economics and Policy (JICEP) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().

 
Page updated 2025-03-20
Handle: RePEc:wsi:jicepx:v:05:y:2014:i:03:n:s1793993314400109