Financial Crisis, Trade Finance, and SMEs: Case of Central Asia

Gloria Pasadilla

Finance Working Papers from East Asian Bureau of Economic Research

Abstract: This paper surveys studies of the importance of Central Asian small- and medium-sized enterprises (SME) in the economy and their experience during the Russian financial crisis. It also uses survey data from the European Bank for Reconstruction and Developments Business Environment and Enterprise Performance Surveys to infer noteworthy characteristics, features, and dependencies on financing of Central Asian SMEs and, consequently, derive the potential impact of the crisis on the sector. The paper also assesses government support for SMEs and the necessary market reforms that will give a boost to the sectors development in the region.

Keywords: SME; market reforms; central Asia; Government Policy; global financial crisis (search for similar items in EconPapers)
JEL-codes: E44 G01 G18 G28 G38 (search for similar items in EconPapers)
Date: 2010-01
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Financial Crisis, Trade Finance, and SMEs: Case of Central Asia (2010)
Working Paper: Financial Crisis, Trade Finance, and SMEs: Case of Central Asia (2010)
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