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Are public credit guarantees worth the hype? (English)

Public credit guarantees have become a popular instrument to try to expand lending to financially constrained firms. In many instances, these schemes have proven useful to increase access to finance. ... See More +

Brief 121486 NOV 01, 2017

Abraham,Facundo; Schmukler,Sergio L. Disclosed

A new role for development banks? (English)

Do development banks have a useful role to play in providing finance or are they a potential waste of government resources? A new view in this brief sheds some light on this question and argues that, under certain circumstances, development banks can add value and play an important role in fostering access to finance. ... See More +

Brief 120691 OCT 26, 2017

Abraham,Facundo; Schmukler,Sergio L. Disclosed

Addressing the SME finance problem (English)

Although SMEs provide employment to a large share of the labor force in developed and developing countries, they receive limited external funding compared to large firms and face a financing gap. ... See More +

Brief 120333 OCT 01, 2017

Abraham,Facundo; Schmukler,Sergio L. Disclosed

Financial globalization : a glass half empty ? (English)

Since the 1970s, the world has embarked on a new financial globalization era. Cross-country capital flows have significantly increased in developed and developing countries. ... See More +

Policy Research Working Paper WPS8194 SEP 13, 2017

Schmukler,Sergio L.; Abraham,Facundo Disclosed