Basel II and Development Finance: Establishing Regional Guarantee Funds to Ease Access to Credit for SMEs

Pietro Calice

Chapter 8 in The Basel Capital Accords in Developing Countries, 2010, pp 156-168 from Palgrave Macmillan

Abstract: Abstract This chapter focuses on the problem of access to credit faced by small and medium enterprises (SMEs) in developing countries and puts forward a policy proposal that addresses that issue. There is an emerging consensus in the international community on the fundamental role that domestic private sector development can have in helping developing countries accelerate economic growth and reduce poverty. SMEs represent the large majority of all enterprises operating in the developing world and contribute dramatically to their employment and output. Yet, they historically lack access to bank financing.

Keywords: Development Finance; Lending Bank; Asian Development Bank; Credit Quality; Guarantee Scheme (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (4)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-0-230-27609-3_8

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230276093

DOI: 10.1057/9780230276093_8

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().