Japan’s Credit Guarantee System Reform of 2017 and New Functions of Credit Guarantee Associations
Nobuyoshi Yamori ()
No DP2018-03, Discussion Paper Series from Research Institute for Economics & Business Administration, Kobe University
In June 2017, the Japanese Diet passed “the Act on the Partial Revision of the Small and Medium-sized Enterprise Credit Insurance Act to Promote Improvements and Developments of SME's Business Management” (Credit Guarantee System Reform Act in short) in order to enhance the roles that credit-guarantee system plays in terms of supporting SMEs. In this paper, the author, who was a member of the Small and Medium Enterprise Policy-Making Council's Financial Working Group (the Financial WG), tries to explain what this reform aims.
Keywords: Credit guarantee; SMEs; Bank; Government support; Japan (search for similar items in EconPapers)
Pages: 13 pages
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Persistent link: https://EconPapers.repec.org/RePEc:kob:dpaper:dp2018-03
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