Fixed Income Instruments to Mobilize Institutional Investors for SME Financing in EMEs

Emerging market economies (EMEs) face significant funding gaps in strategic sectors, such as infrastructure and small and medium enterprise (SME) financing, that if not addressed can stifle growth. In this context, in 2015 the finance and markets (...

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Bibliographic Details
Main Authors: Carvajal, Ana Fiorella, Loladze, Tamuna, Hammersley, James Walter, Anderson, Jeffrey David, Walley, Simon Christopher, Kemmish, Richard
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/274981504684300561/Fixed-income-instruments-to-mobilize-institutional-investors-for-SME-financing-in-EMEs
http://hdl.handle.net/10986/28138
Description
Summary:Emerging market economies (EMEs) face significant funding gaps in strategic sectors, such as infrastructure and small and medium enterprise (SME) financing, that if not addressed can stifle growth. In this context, in 2015 the finance and markets (F and M) global practice led the production of a joint World Bank Group (WBG) and International Monetary Fund (IMF) and Organization for Economic Co-operation and Development (OECD) report for the G20 on capital markets instruments to mobilize institutional investors to infrastructure and SME financing in emerging market economies. The report focuses on fixed income instruments that can help mobilize domestic institutional investors, in particular pension funds and insurance companies, to infrastructure and SME financing in EMEs and provide policy recommendations to facilitate their use.