By Stefania Rossi
This booklet explores how the worldwide monetary and ecu sovereign debt crises have compelled small-and-medium-sized companies (SMEs) to reconsider and adapt their investment concepts. on the middle of the problem is the worsening entry to financial institution credits for such firms. via this dialogue we find out how the most important an figuring out of SME-financing is to coverage makers, in mild of the truth that SMEs dominate the enterprise panorama in Europe and are the most drivers of employment, development and innovation within the ecu economic system. Contributing chapters current specialist research and examine many issues together with the issues confronted through SMEs in getting access to financial institution credits and the price of investment and its determinants. specific realization can be given to how credit-constrained firms may perhaps reformulate their investment suggestions by means of utilising replacement, non-bank, monetary assets, and the way regulators may aid SMEs in broadening and enhancing their investment opportunities.
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Additional info for Access to Bank Credit and SME Financing
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Access to Bank Credit and SME Financing by Stefania Rossi