What Role Can Financial Policies Play in Revitalizing SMEs in Japan is popular PDF and ePub book, written by Mr.Waikei W. Lam in 2012-12-11, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, What Role Can Financial Policies Play in Revitalizing SMEs in Japan can be Read Online from any device for your convenience.
What Role Can Financial Policies Play in Revitalizing SMEs in Japan Book PDF Summary
The paper discusses the role the financial sector can play in supporting growth in Japan. While overall credit conditions have been accommodative, credit growth has remained weak, especially for small and medium-sized enterprises (SMEs). Firm-level SME data and sectoral corporate balance sheets show that many SMEs have faced structural challenges of high leverage and low profitability. Moreover, the global financial crisis has weakened the financial position across SMEs, particularly for those with low credit worthiness. These challenges are closely related to low availability of riskcapital and the pervasiveness of credit support measures. This paper argues that to encourage the supply of risk-based capital, costly government support measures should be phased out and SME restructuring be accelerated. Efforts are also needed to deepen capital markets to enhance risk capital availability and address regulatory barriers to starting businesses. In that regard, addressing SMEweaknesses would improve private investment, enhance firm productivity, and lift growth.
Detail Book of What Role Can Financial Policies Play in Revitalizing SMEs in Japan PDF
- Author : Mr.Waikei W. Lam
- Release : 11 December 2012
- Publisher : International Monetary Fund
- ISBN : 9781475579376
- Genre : Business & Economics
- Total Page : 24 pages
- Language : English
- PDF File Size : 8,5 Mb
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