Error loading page.
Try refreshing the page. If that doesn't work, there may be a network issue, and you can use our self test page to see what's preventing the page from loading.
Learn more about possible network issues or contact support for more help.
Title details for Credit Guarantees by Asian Development Bank - Available

Credit Guarantees

ebook
Read a sample Read a sample
The Pacific Private Sector Development Initiative—-a regional technical assistance facility cofinanced by the Asian Development Bank (ADB), the Government of Australia, and the Government of New Zealand—-has undertaken landmark secured transaction reforms in eight Pacific Island countries. These reforms have unlocked the value in "movable" assets such as machinery, inventory, and accounts receivable for use as collateral in borrowing. They have the potential to benefit businesses and financial institutions that offer business loans. Yet, despite these reforms, financial institutions remain unwilling to lend. Businesses still find it hard to access the credit they need to grow, which in turn creates jobs and drives the economic activity so desperately needed in the Pacific. Credit guarantees are often proposed as an instrument to overcome this problem. However, as this publication demonstrates, there is no strong theoretical justification for their use.

  • Creators

  • Publisher

  • Release date

    October 1, 2016

  • Formats

    • OverDrive Read

      • ISBN: 9789292575724

    • EPUB ebook

      • ISBN: 9789292575724
      • File size: 2943 KB

  • Accessibility

    No publisher statement provided

  • Languages

    • English

Formats

  • OverDrive Read
  • EPUB ebook

subjects

Languages

  • English