Can capital markets be harnessed for the financing of small medium-sized enterprises (SMEs) in low- and middle-income countries? – German Institute of Development and Sustainability (IDOS) https://www.idos-research.de/policy-brief/article/can-capital-markets-be-harnessed-for-the-financing-of-small-medium-sized-enterprises-smes-in-low-and-middle-income-countries/
SMEs are key to inclusive development. Yet they are often hampered by constrained access to finance. Since their most important source of external…
SMEs mostly depend on bank loans for external finance.