Access Restriction

Author Calugi, Roberto ♦ Caselli, Stefano ♦ Cernov, Marina
Source OECD iLibrary
Content type Text
Publisher OECD Publishing
Language English
Subject Domain (in DDC) Social sciences ♦ Political science ♦ International relations ♦ Economics ♦ Financial economics ♦ Technology ♦ Engineering & allied operations ♦ Other branches of engineering
Subject Keyword Finance and Investment ♦ Industry and Services ♦ Trade
Abstract Access to finance is critical to further enhance the competitiveness of Central Asia. Financial systems in the region are not yet globally integrated (except for Kazakhstan) and often do not provide a diverse range of financial products to local businesses. Moreover, there is still a gap in access to finance which disproportionately affects small and medium-sized enterprises (SMEs). This chapter concludes that in addition to pursuing reforms to improve the financial system as a whole, more support should be given specifically to institutions that specialise in financing the SME sector, and to targeted instruments such as guarantee schemes.
Learning Resource Type Chapter
Publisher Date 2011-06-10
Organization OECD
Page Count 20
Starting Page 103
Ending Page 122

Source: OECD iLibrary