SMEs and the credit crunch: Current financing difficulties, policy measures and a review of literature
After a brief overview of current financing difficulties for SMEs and policy measures to support SME lending during the crisis,this article presents a literature review related to difficulties in SME's access to finance during the crisis, against a background of a sharp decline in bank profitab...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch Buchkapitel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2014
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| Schlagworte: | |
| Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
| Zusammenfassung: | After a brief overview of current financing difficulties for SMEs and policy measures to support SME lending during the crisis,this article presents a literature review related to difficulties in SME's access to finance during the crisis, against a background of a sharp decline in bank profitability and an erosion of bank capital that negatively affected lending. The articles reviewed are classified according to four main issues of interest:the impairment of the bank-credit channel and its economic effects;factors potentially attenuating the effect of a financial squeeze;the role of global banking in mitigating but also transmitting financial shocks; and,looking ahead,issues related to so-called "credit-less recoveries" that should be relevant in guiding policy makers in the current environment of financial deleveraging. All the results hold important implications for policy making given the bail-outs and the large injections ofliquidity by central banks during the crisis |
| Beschreibung: | 1 Online-Ressource (34 Seiten) 21 x 28cm |
| DOI: | 10.1787/fmt-2013-5jz734p6b8jg |
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| index_date | 2024-07-03T19:35:09Z |
| indexdate | 2024-07-10T09:25:44Z |
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| language | English |
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| spelling | Wehinger, Gert Verfasser aut SMEs and the credit crunch Current financing difficulties, policy measures and a review of literature Gert Wehinger Paris OECD Publishing 2014 1 Online-Ressource (34 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier After a brief overview of current financing difficulties for SMEs and policy measures to support SME lending during the crisis,this article presents a literature review related to difficulties in SME's access to finance during the crisis, against a background of a sharp decline in bank profitability and an erosion of bank capital that negatively affected lending. The articles reviewed are classified according to four main issues of interest:the impairment of the bank-credit channel and its economic effects;factors potentially attenuating the effect of a financial squeeze;the role of global banking in mitigating but also transmitting financial shocks; and,looking ahead,issues related to so-called "credit-less recoveries" that should be relevant in guiding policy makers in the current environment of financial deleveraging. All the results hold important implications for policy making given the bail-outs and the large injections ofliquidity by central banks during the crisis Finance and Investment https://doi.org/10.1787/fmt-2013-5jz734p6b8jg Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Wehinger, Gert SMEs and the credit crunch Current financing difficulties, policy measures and a review of literature Finance and Investment |
| title | SMEs and the credit crunch Current financing difficulties, policy measures and a review of literature |
| title_auth | SMEs and the credit crunch Current financing difficulties, policy measures and a review of literature |
| title_exact_search | SMEs and the credit crunch Current financing difficulties, policy measures and a review of literature |
| title_exact_search_txtP | SMEs and the credit crunch Current financing difficulties, policy measures and a review of literature |
| title_full | SMEs and the credit crunch Current financing difficulties, policy measures and a review of literature Gert Wehinger |
| title_fullStr | SMEs and the credit crunch Current financing difficulties, policy measures and a review of literature Gert Wehinger |
| title_full_unstemmed | SMEs and the credit crunch Current financing difficulties, policy measures and a review of literature Gert Wehinger |
| title_short | SMEs and the credit crunch |
| title_sort | smes and the credit crunch current financing difficulties policy measures and a review of literature |
| title_sub | Current financing difficulties, policy measures and a review of literature |
| topic | Finance and Investment |
| topic_facet | Finance and Investment |
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