Revitalizing Securitization for Small and Medium-Sized Enterprises in Europe /
Small and medium-sized enterprises (SMEs) account for a disproportionate share of output and employment in Europe but are still highly dependent on bank finance, which dried up or became prohibitively expensive during the crisis. Broader access to alternative, long-term finance through securitizatio...
Main Author: | |
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Other Authors: | , , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2015.
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Series: | Staff Discussion Notes; Staff Discussion Notes ;
No. 2015/007 |
Online Access: | Full text available on IMF |