Improving MSMEs access to external financing in Low Income Countries: Is there a role for Development Cooperation?
Type de matériel :
TexteLangue : français Détails de publication : 2016.
Sujet(s) : Ressources en ligne : Abrégé : This paper presents the salient factors that characterize important aspects of firms’ access to external finance. Firm-level data show that micro, small and medium-sized enterprises (MSMEs) face more external financing constraints in Low Income Countries (LICs) than in their rich counterparts. We argue for a catalytic role that development cooperation can play in alleviating these constraints and discuss the critical policy issues as regards the effectiveness of these interventions. JEL Classification: G23, O16, Y10
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This paper presents the salient factors that characterize important aspects of firms’ access to external finance. Firm-level data show that micro, small and medium-sized enterprises (MSMEs) face more external financing constraints in Low Income Countries (LICs) than in their rich counterparts. We argue for a catalytic role that development cooperation can play in alleviating these constraints and discuss the critical policy issues as regards the effectiveness of these interventions. JEL Classification: G23, O16, Y10
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