Small and medium-sized enterprises are crucial for tracing new paths to more sustainable and inclusive growth, thanks to their role in providing employment. In the OECD area, SMEs provide the main source of employment and value creation, accounting for about 60 to 70% of employment and more than 50% of value added.
Small and medium-sized enterprises (SMEs) are fundamental for inclusive growth and jobs, but they need to broaden their sources of finance in order to reduce their vulnerability to volatile credit market developments, according to two new OECD reports.
Financial Market Trends focuses on financial markets and structural issues in the financial sector. This includes financial market regulation, bond markets and public debt management, insurance and private pensions, as well as financial statistics.
OECD work on financial sector guarantees has intensified since the 2008 global financial crisis as most policy responses for achieving and maintaining financial stability have consisted of providing new or extended guarantees for the liabilities of financial institutions.
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What are the economic effects of implicit bank debt guarantees and who ultimately benefits? This report sheds light on these questions
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Small and medium-sized enterprises (SMEs) are key contributors to economic growth and job creation. The current economic and financial crisis has reduced bank lending and has affected SMEs in particular. Capital markets will have to play a bigger role in financing SMEs in order to make them more resilient to financial shocks. This article reviews the spectrum of alternative market-based debt instruments for SME financing.
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More than half a decade has passed since the most significant economic crisis of our lifetimes and a plethora of different interpretations has been offered about its origins. This paper consolidates the stylised facts put forward so far into a concise and coherent meta-narrative.
OECD working papers on finance, insurance and private pensions address such policy issues as risk management, governance, types of investments, benefit protection and financial education.
Money remitted by international migrants is a major source of income for many countries. Yet individual migrants and their families are often amongst the most vulnerable people in society, and many face significant barriers to the access and use of appropriate financial products. This paper looks at key challenges and how governments can take measures to support migrant workers and their families and improve their financial literacy.
The Economic Outlook for Southeast Asia, China and India is an annual publication on Asia’s regional economic growth, development and regional integration process. It focuses on the economic conditions of the Association of Southeast Asian Nations (ASEAN) member countries – Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam –, and also addresses relevant