Assessing Implementation of the Principles for Public Credit Guarantees for SMEs : A Global Survey

Assessing Implementation of the Principles for Public Credit Guarantees for SMEs : A Global Survey

This paper presents evidence on implementation of the World Bank Group and Financial Sector Reform and Strengthening Initiative "Principles for Public Credit Guarantee Schemes for Small and Medium Enterprises". The evidence is based on a...

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Bibliographic Details
Main Author: Calice, Pietro
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
small and medium-sized enterprises
credit guarantees
financial institutions
legal framework
regulatory framework
financial accountability
corporate governance
risk management
Online Access:http://documents.worldbank.org/curated/en/2016/07/26584618/assessing-implementation-principles-public-credit-guarantees-smes-global-survey
http://hdl.handle.net/10986/24834
id okr-10986-24834
recordtype oai_dc
spelling okr-10986-248342021-04-23T14:04:27Z Assessing Implementation of the Principles for Public Credit Guarantees for SMEs : A Global Survey Calice, Pietro small and medium-sized enterprises credit guarantees financial institutions legal framework regulatory framework financial accountability corporate governance risk management This paper presents evidence on implementation of the World Bank Group and Financial Sector Reform and Strengthening Initiative "Principles for Public Credit Guarantee Schemes for Small and Medium Enterprises". The evidence is based on a self-assessment of 60 schemes in 54 countries. Overall, the results show a fairly decent level of implementation of the Principles, especially in the areas of legal and regulatory framework, mandate and eligibility rules, and claim management process. The results also show several gaps where reform and actions may be warranted, namely identification and accountability of funding sources, corporate governance and risk management, prudential regulatory recognition of guarantees, program/product calibration, and reporting and disclosure. 2016-08-09T17:21:14Z 2016-08-09T17:21:14Z 2016-07 Working Paper http://documents.worldbank.org/curated/en/2016/07/26584618/assessing-implementation-principles-public-credit-guarantees-smes-global-survey http://hdl.handle.net/10986/24834 English en_US Policy Research Working Paper;No. 7753 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic small and medium-sized enterprises
credit guarantees
financial institutions
legal framework
regulatory framework
financial accountability
corporate governance
risk management
spellingShingle small and medium-sized enterprises
credit guarantees
financial institutions
legal framework
regulatory framework
financial accountability
corporate governance
risk management
Calice, Pietro
Assessing Implementation of the Principles for Public Credit Guarantees for SMEs : A Global Survey
relation Policy Research Working Paper;No. 7753
description This paper presents evidence on implementation of the World Bank Group and Financial Sector Reform and Strengthening Initiative "Principles for Public Credit Guarantee Schemes for Small and Medium Enterprises". The evidence is based on a self-assessment of 60 schemes in 54 countries. Overall, the results show a fairly decent level of implementation of the Principles, especially in the areas of legal and regulatory framework, mandate and eligibility rules, and claim management process. The results also show several gaps where reform and actions may be warranted, namely identification and accountability of funding sources, corporate governance and risk management, prudential regulatory recognition of guarantees, program/product calibration, and reporting and disclosure.
format Working Paper
author Calice, Pietro
author_facet Calice, Pietro
author_sort Calice, Pietro
title Assessing Implementation of the Principles for Public Credit Guarantees for SMEs : A Global Survey
title_short Assessing Implementation of the Principles for Public Credit Guarantees for SMEs : A Global Survey
title_full Assessing Implementation of the Principles for Public Credit Guarantees for SMEs : A Global Survey
title_fullStr Assessing Implementation of the Principles for Public Credit Guarantees for SMEs : A Global Survey
title_full_unstemmed Assessing Implementation of the Principles for Public Credit Guarantees for SMEs : A Global Survey
title_sort assessing implementation of the principles for public credit guarantees for smes : a global survey
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/07/26584618/assessing-implementation-principles-public-credit-guarantees-smes-global-survey
http://hdl.handle.net/10986/24834
_version_ 1764457776410525696

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