Unlocking Dead Capital
Collateral can increase access to finance, especially for small firms, and lead to better terms for loan contracts. Many argue that firms are excluded from formal credit markets because they lack assets that can serve as collateral. In fact, firms...
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2012
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Online Access: | http://documents.worldbank.org/curated/en/2006/03/6777996/unlocking-dead-capital http://hdl.handle.net/10986/11190 |
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okr-10986-111902021-04-23T14:02:54Z Unlocking Dead Capital Safavian, Mehnaz Fleisig, Heywood Steinbuks, Jevgenijs ASSETS BANKS COLLATERAL CREDIT MARKETS ECONOMIC GROWTH ECONOMICS EMPLOYMENT FINANCIAL LEASING FINANCIAL SECTOR INTEREST RATE INTEREST RATES INVENTORY INVESTMENT CLIMATE LAWS LEASEHOLDS LEGAL FRAMEWORK MARKET VALUE MICROFINANCE MOVABLE PROPERTY PUBLIC POLICY PUBLIC POLICY INNOVATIONS REAL ESTATE RISK PREMIUM SECURED CREDITOR SECURED CREDITORS UNSECURED LOANS Collateral can increase access to finance, especially for small firms, and lead to better terms for loan contracts. Many argue that firms are excluded from formal credit markets because they lack assets that can serve as collateral. In fact, firms generally have a wide array of productive assets that could secure a loan-but the legal framework prevents this. Reforming collateral laws can unlock dead capital, as seen in Albania and Romania. 2012-08-13T14:23:59Z 2012-08-13T14:23:59Z 2006-03 http://documents.worldbank.org/curated/en/2006/03/6777996/unlocking-dead-capital http://hdl.handle.net/10986/11190 English Viewpoint: Public Policy for the Private Sector; Note No. 307 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
ASSETS BANKS COLLATERAL CREDIT MARKETS ECONOMIC GROWTH ECONOMICS EMPLOYMENT FINANCIAL LEASING FINANCIAL SECTOR INTEREST RATE INTEREST RATES INVENTORY INVESTMENT CLIMATE LAWS LEASEHOLDS LEGAL FRAMEWORK MARKET VALUE MICROFINANCE MOVABLE PROPERTY PUBLIC POLICY PUBLIC POLICY INNOVATIONS REAL ESTATE RISK PREMIUM SECURED CREDITOR SECURED CREDITORS UNSECURED LOANS |
spellingShingle |
ASSETS BANKS COLLATERAL CREDIT MARKETS ECONOMIC GROWTH ECONOMICS EMPLOYMENT FINANCIAL LEASING FINANCIAL SECTOR INTEREST RATE INTEREST RATES INVENTORY INVESTMENT CLIMATE LAWS LEASEHOLDS LEGAL FRAMEWORK MARKET VALUE MICROFINANCE MOVABLE PROPERTY PUBLIC POLICY PUBLIC POLICY INNOVATIONS REAL ESTATE RISK PREMIUM SECURED CREDITOR SECURED CREDITORS UNSECURED LOANS Safavian, Mehnaz Fleisig, Heywood Steinbuks, Jevgenijs Unlocking Dead Capital |
relation |
Viewpoint: Public Policy for the Private Sector; Note No. 307 |
description |
Collateral can increase access to
finance, especially for small firms, and lead to better
terms for loan contracts. Many argue that firms are excluded
from formal credit markets because they lack assets that can
serve as collateral. In fact, firms generally have a wide
array of productive assets that could secure a loan-but the
legal framework prevents this. Reforming collateral laws can
unlock dead capital, as seen in Albania and Romania. |
format |
Publications & Research :: Viewpoint |
author |
Safavian, Mehnaz Fleisig, Heywood Steinbuks, Jevgenijs |
author_facet |
Safavian, Mehnaz Fleisig, Heywood Steinbuks, Jevgenijs |
author_sort |
Safavian, Mehnaz |
title |
Unlocking Dead Capital |
title_short |
Unlocking Dead Capital |
title_full |
Unlocking Dead Capital |
title_fullStr |
Unlocking Dead Capital |
title_full_unstemmed |
Unlocking Dead Capital |
title_sort |
unlocking dead capital |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2006/03/6777996/unlocking-dead-capital http://hdl.handle.net/10986/11190 |
_version_ |
1764415846306807808 |