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Long-term finance plays an important role in economic development. Extending the maturity structure of finance is often considered to be at the core of sustainable financial development. Long-term finance, frequently defined as all funding for a time frame exceeding one year, may contribute to faster growth, greater welfare, shared prosperity, and enduring stability in two important ways: by reducing rollover risks for borrowers, thereby lengthening...

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Document Date
2015/09/14
Document Type
Publication
Report Number
99100
Volume No
1
Total Volume(s)
2 (See all volumes)
Country
World,
Region
Other,
Disclosure Date
2015/09/14
Disclosure Status
Disclosed
Doc Name
Global financial development report 2015-2016 : long-term finance
Keywords
small and medium enterprise

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Global financial development report 2015-2016 : long-term finance (Vol. 1 of 2) (English). Global financial development report Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/955811467986333727

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