It takes the average reader and 32 minutes to read Unlocking Access to Finance for SMEs: A Cross-Country Analysis by Mr.Armand Fouejieu
Assuming a reading speed of 250 words per minute. Learn more
Countries in the MENAP and CCA regions have the lowest levels of financial inclusion of small and medium enterprises (SMEs) in the world. The paper provides empirical evidence on the drivers of SME access to finance for a large sample of countries, and identifies key policy priorities for these two regions: economic and institutional stability, competition, public sector size and government effectiveness, credit information infrastructure (e.g., credit registries), the business environment (e.g., legal frameworks for contract enforcement), and financial supervisory and regulatory capacity. The analysis also shows that improving credit information, economic competition, the business environment along with economic development and better governance would help close the SME financial inclusion gap between MENAP and CCA regions and the best performers. The paper concludes on the need to adopt holistic policy strategies that take into account the full range of macro and institutional requirements and reforms, and prioritize these reforms in accordance with each country’s specific characteristics.
Unlocking Access to Finance for SMEs: A Cross-Country Analysis by Mr.Armand Fouejieu is 32 pages long, and a total of 8,064 words.
This makes it 11% the length of the average book. It also has 10% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Unlocking Access to Finance for SMEs: A Cross-Country Analysis aloud.
Unlocking Access to Finance for SMEs: A Cross-Country Analysis is suitable for students ages 8 and up.
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