Resource
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LanguageEnglish
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Resource TypePDF
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Uploaded By
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Date Added2017-03-14
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Corporate AuthorshipKevin O’Brien Consultant to BearingPoint Inc.
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Collections
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Credit
Economic growth and development
Financial (capital) markets
Financial institutions
International trade
Laws and legislation
Loans
Banks
The growth of SME financing is most pronounced in emerging markets that benefit from a
proper legal framework. Examples include robust economies in Asia and Latin America and
in Eastern European countries that transitioned from a command to a market economy
following the fall of the Soviet Union. And it matters little if a country was established on civil
or common law principles because many differences have been reconciled in the interest of
global harmony and economic growth.