Supply Chain Finance by Development Banks and Public Entities
For many small and medium enterprises (SMEs), access to financing is a challenge. The World Bank Group estimates the finance gap among formal micro, small, and medium enterprises (MSMEs) in developing economies to be eighteen percent of GDP. This f...
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| Language: | English |
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World Bank Group, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/359771613563556978/Supply-Chain-Finance-by-Development-Banks-and-Public-Entities-Handbook http://hdl.handle.net/10986/35177 |
| Summary: | For many small and medium enterprises
(SMEs), access to financing is a challenge. The World Bank
Group estimates the finance gap among formal micro, small,
and medium enterprises (MSMEs) in developing economies to be
eighteen percent of GDP. This finance gap is of particular
concern because SMEs are a leading driver of trade, economic
development, and employment. Development finance
institutions can play an active role by fostering
initiatives, such as supply chain finance (SCF), that can
for instance, drive local economic growth, increase
financial inclusion, and support the closing of market gaps.
This guidebook deals with development banks on a national
and multinational level. Similarly, some of the discussed
goals and roles can also apply to central banks, government
agencies, or other public entities. |
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