Due to securitization, banks can use asset-backed securities instead of deposits to fund lending activities and thus further expand lending (Song & Thakor, 2010). (There are other interactions between banks and markets as well…)
Due to securitization, banks can use asset-backed securities instead of deposits to fund lending activities and thus further expand lending (Song & Thakor, 2010). (There are other interactions between banks and markets as well…)
Privately traded stocks, PE&VC, play a marginal role even in countries with vibrant, fast-growing capital markets: 6% relative to GDP in China & SouthKorea in 2020. Situation in other LMICs even bleaker: 1% despite reasonable (Mexico) or good (India) stock market performance.
Privately traded stocks, PE&VC, play a marginal role even in countries with vibrant, fast-growing capital markets: 6% relative to GDP in China & SouthKorea in 2020. Situation in other LMICs even bleaker: 1% despite reasonable (Mexico) or good (India) stock market performance.
As depicted in the boxplot, SMEs’ publicly traded stocks account for negligible shares of SME finance (blue boxplot) or external finance (red) in most countries (median country at 0%, 75th percentile (well) below 5%), and SMEs are much more dependent on bank loans (yellow).
As depicted in the boxplot, SMEs’ publicly traded stocks account for negligible shares of SME finance (blue boxplot) or external finance (red) in most countries (median country at 0%, 75th percentile (well) below 5%), and SMEs are much more dependent on bank loans (yellow).
🔗Click here #OpenAccess doi.org/10.1057/s412... & share 🔄.
Special thanks to IDOS and everyone who supported me in this!
🔗Click here #OpenAccess doi.org/10.1057/s412... & share 🔄.
Special thanks to IDOS and everyone who supported me in this!