Banking for Growth

Banking for Growth

Virginia Davies

96,45 €
IVA incluido
Disponible
Editorial:
KS OmniScriptum Publishing
Año de edición:
2008
Materia
Banca
ISBN:
9783639026672
96,45 €
IVA incluido
Disponible

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The absence of a robust small and medium-sized ('SMEs') formal business sector - or the 'missing middle' - has long been identified as both a contributing factor and a distinguishing characteristic of many countries. Many reasons have been advanced to explain the 'missing middle' including the inability of SMEs to access bank-based credit. This book compares the relative merits of recent legal reforms that have emerged to address the lack of bank-based credit by considering the way in which recent reforms support the independent and inter­active roles of the stakeholders to the financial intermediation pro­cess. An historical description and comparison of the laws impacting the various stakeholders to bank-based financial intermediation in Canada, the United States, Britain and Taiwan provides the foun­dation on which the analysis of current reforms which encourage 'downscaling' of commercial banks and/or 'upscaling' of microcredit lenders are considered.

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