OECS Private Sector Financing : Ridging the Supply-Demand Gap

OECS Private Sector Financing : Ridging the Supply-Demand Gap

The high levels of public debt and persistent fiscal deficits limit Organization of Eastern Caribbean States (OECS) governments' ability to pursue counter-cyclical fiscal policies during future economic downturns, leaving private investment as...

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Bibliographic Details
Main Author:	World Bank
Format:	Other Financial Sector Study
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCESS TO CREDIT ACCESS TO FINANCE ACCESS TO FINANCING ACCESS TO INFORMATION AGRICULTURAL PRODUCTS ALTERNATIVE SOURCES OF FINANCE ASSET QUALITY BANK LENDING BANK LOAN BANK LOANS BANKING SERVICES BANKING SYSTEM BANKRUPTCY BANKRUPTCY PROCEDURES BORROWER BORROWING BUSINESS ASSOCIATIONS BUSINESS DEVELOPMENT BUSINESS DEVELOPMENT SERVICES BUSINESS EXPERIENCE BUSINESS MANAGEMENT BUSINESS OPPORTUNITIES BUSINESS PLAN BUSINESS PLANNING BUSINESS PLANS BUSINESS STARTUP BUSINESS SUPPORT CAPITAL MARKET CASH FLOW CASH FLOWS CASH WITHDRAWAL CENTRAL BANK CHAMBERS OF COMMERCE COLLATERAL COLLATERAL REGISTRATION COLLATERAL REQUIREMENTS COMMERCIAL BANK COMMERCIAL BANKS COMMERCIAL LOANS CONSULTING SERVICES CONTRACT ENFORCEMENT COOPERATIVES CREDIT ALLOCATION CREDIT CARDS CREDIT GUARANTEE CREDIT GUARANTEES CREDIT INFORMATION CREDIT INFORMATION SYSTEMS CREDIT LINE CREDIT NEEDS CREDIT REPORTING CREDIT REPORTING SYSTEMS CREDIT REQUIREMENTS CREDIT RISK CREDIT UNION CREDIT UNIONS CREDITOR CREDITORS CURRENCY DEBT DEBT BURDEN DEBT BURDENS DEBT COLLECTION DEBT FINANCING DEBT MANAGEMENT DEBTS DEPOSIT DEPOSITS DEVELOPMENT BANK DEVELOPMENT BANKS DEVELOPMENT CORPORATION DEVELOPMENT CORPORATIONS DIVERSIFICATION EARNINGS ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIES OF SCALE EDUCATIONAL ATTAINMENT EMERGING MARKET EMERGING MARKET COUNTRIES EMPLOYER ENABLING ENVIRONMENT ENTERPRISE DEVELOPMENT ENTREPRENEURS EQUITY FINANCE EQUITY FINANCING EQUITY FUND EQUITY FUNDING EXCHANGE RATE EXPENDITURE EXPENDITURES EXTERNAL FINANCE EXTERNAL FINANCING EXTERNAL FUNDS EXTERNAL SHOCKS FAMILIES FARMER FARMERS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL LITERACY FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL REGULATORS FINANCIAL RESOURCES FINANCIAL SECTOR ASSESSMENT FINANCIAL SERVICES FINANCIAL STRUCTURE FINANCIAL SYSTEM FINANCING NEEDS FISCAL DEFICITS FISCAL POLICIES FOREIGN FIRMS FOREIGN INVESTMENT FORM OF COLLATERAL FORMAL CREDIT FUNDING SOURCES GOVERNMENT INDEBTEDNESS GOVERNMENT INTERVENTION GOVERNMENT SECURITIES GOVERNMENT SECURITIES MARKET GROSS DOMESTIC PRODUCT GUARANTEE SCHEMES HOME MORTGAGE IMPORT DUTIES IMPORT DUTY INCOME TAX INDEBTEDNESS INFORMATION TECHNOLOGY INSURANCE INSURANCE SERVICES INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERNAL FINANCE INVESTMENT CAPITAL INVESTMENT DECISIONS INVESTMENT FUND ISSUE OF ACCESS JOB CREATION LABOR MARKET LACK OF CAPITAL LACK OF INFORMATION LAND OWNERSHIP LAND REGISTRATION LEGAL RIGHTS LEGAL RIGHTS OF CREDITORS LENDERS LENDING DECISION LENDING PORTFOLIO LINE OF CREDIT LINES OF CREDIT LIQUIDITY LOAN LOAN APPLICATION LOAN APPLICATIONS LOAN PORTFOLIO LONG TERM FINANCING MARKET DEVELOPMENT MARKET ECONOMY MONETARY FUND MONETARY POLICY MORTGAGE LENDING MORTGAGE LOANS MORTGAGE MARKET MORTGAGES NEW MARKET OPEN MARKET OPERATING COSTS OVERDRAFT OVERDRAFTS PAYMENTS SYSTEM DEVELOPMENT PERSONAL ASSETS PERSONAL SAVINGS POOR CREDIT POOR CREDIT HISTORY PRIVATE EQUITY PRIVATE INVESTMENT PRIVATE SECTOR FINANCING PROFIT MARGIN PROVISION OF MORTGAGE PUBLIC DEBT PUBLIC SECTOR DEBT RATES OF RETURN REAL PROPERTY REGISTRATION PROCESS REMITTANCE REMITTANCES REPOSSESSION RETAIL BANKING RISK DIVERSIFICATION RISK MANAGEMENT SAVINGS SECURITIES SECURITIES EXCHANGE SMALL BUSINESS SMALL BUSINESSES SMALL ENTERPRISE SOCIAL SECURITY SOURCES OF FINANCE START-UPS STUDENT LOANS SUPPLY CHAINS T-BILL T-BILL RATE TAX BURDENS TAX EXEMPTIONS TAX LEGISLATION TAX SYSTEM TECHNICAL ASSISTANCE TRADE CREDIT TRANSACTION COSTS TRANSACTIONS COSTS TRANSPARENCY VENTURE CAPITAL VENTURE FUNDING WORKING CAPITAL
Online Access:	http://documents.worldbank.org/curated/en/2007/11/16448975/oecs-private-sector-financing-ridging-supply-demand-gap http://hdl.handle.net/10986/12725

Description
Summary:	The high levels of public debt and persistent fiscal deficits limit Organization of Eastern Caribbean States (OECS) governments' ability to pursue counter-cyclical fiscal policies during future economic downturns, leaving private investment as the key driver of future growth. This study on private sector financing in the OECS analyzes the issue of access to finance from three different angles: the demand side; the supply side; and the enabling environment. It is not possible to fully analyze problems of access to finance without a broad approach. Demand side, supply side and the enabling environment are jointly analyzed in this study to identify key measures that could be applied in order to improve the enabling environment, create better opportunities for business growth and innovation (diversification), and place financial sector institutions in a position to provide finance, especially to SMEs, in a sustainable way.