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Credit Guarantee Funds Promote Innovative Finance
Small business financing and inclusive growth could accelerate with the help of policy innovations like credit guarantee funds highlighted by experts during the ADBI-Central Bank of the Republic of Turkey-Credit Guarantee Fund (KGF) conference on 16-18 April in Istanbul. ADBI Dean Naoyuki Yoshino detailed optimal credit guarantee schemes and ADBI Visiting Scholar Sayuri Shirai outlined the relationship between monetary policy and credit guarantee funds. Dean Yoshino and ADBI Senior Consulting Economist and Vice Chair of Research Peter Morgan also provided implementation advice to officials from Turkey’s central bank, Ministry of Treasury and Finance, and KGF in Ankara.
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High-Speed Rail Development Keys Detailed in Special Journal Issue
Policy approaches for optimizing high-speed rail project design and return on investment are examined in a new special issue of The Asian Journal produced by ADBI and the Asian Institute of Transport Development, Delhi. The issue assesses how Asian countries have increased their productivity, trade, and tax revenue via high-speed rail development. Its analyses offer valuable policy support for projects that drive poverty reduction and sustainable growth.
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Infrastructure “Spillover” Plan Detailed at CSIS
Private funding to meet the growing need for infrastructure to support growth in Asia and the Pacific could increase significantly under a “spillover” investment plan described by Think20 (T20) Japan Chair and ADBI Dean Naoyuki Yoshino at the Center for Strategic and International Studies (CSIS) Global Development Forum in Washington, DC on 11 April 2019. Dean Yoshino said tax revenues linked to infrastructure-driven development could be used to create incentives for private investment in new projects. The plan is among the T20 Japan policy proposals being recommended to G20 member countries.
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ADBI Counsels Turkey’s Credit Guarantee Fund on SME Lending
ADBI experts provided guidance on mitigating bank-driven moral hazards to facilitate lending to small firms during a meeting with executives from Turkey’s Credit Guarantee Fund (KGF) in Ankara on 15 April 2019. ADBI Dean Naoyuki Yoshino noted that a flexible credit guarantee ratio could help to balance small and medium-sized enterprise lending flows during boom and bust periods, and reduce non-performing loan ratios. ADBI Senior Consulting Economist and Vice Chair of Research Peter Morgan added that reducing risks to banks could promote greater SME lending and inclusive and sustainable economic growth.
Asia Pathways Blog
Events
- Distinguished Speaker Series: Fintech Initiatives in Trade Finance
- Regional Workshop on Blue Economy, Disaster Risk Financing, and Ocean Infrastructure
- ADBI Workshop on Economic Policy Challenges Facing the People’s Republic of China
- ADBI Sessions on Financial Inclusion and Financial Literacy, Financial Regulation, SME Finance, and Infrastructure Development: Seventh Seminar on Asia and the Pacific Economies
Books
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Financial Inclusion, Regulation, Literacy, and Education in Central Asia and South Caucasus
This book surveys the experiences of countries in Central Asia and South Caucasus to assess factors affecting the ability of low-income households and small firms to access financial services.
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High-Speed Rail Services in Asia
The Asian Journal Special Issue on High-Speed Rail (HSR) Services in Asia provides an overview of the impacts of HSR infrastructure in Asia and explains how investment in HSR brings significant socio-economic changes.
Latest
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With its flexibility and simplicity, peer-to-peer lending FinTech reduces the financing gap that cannot be fulfilled by banks.
Big Data-Based Peer-to-Peer Lending Fintech: Surveillance System through Utilization of Google Play Review
This book surveys the experiences of countries in Central Asia and South Caucasus to assess factors affecting the ability of low-income households and small firms to access financial services. Financial Inclusion, Regulation, Literacy, and Education in Central Asia and South Caucasus
Certification may play a pivotal role in ensuring investment efficiency.
Adverse Selection and Credit Certificates: Evidence from a P2P Platform
Strict and impractical conditions for issuing credit guaranteed loans are among the obstacles in implementing credit guarantee schemes for small and medium-sized enterprises.
Challenges in Implementing the Credit Guarantee Scheme for Small and Medium-Sized Enterprises: The Case of Viet Nam
A significant proportion of the workforce in developing Asian economies are not living wage earners.
Prospects for Decent Work in Services
Videos
- Peter Morgan, Senior Consulting Economist and Vice Chair of Research, on Driving Policy Innovation
- Nella Hendriyetty, Senior Capacity Building and Training Economist, on Boosting Asian Economies
- Nanum Jeon, Research Associate, on Supporting Capacity Building Programs and Her Career Future
- ADB President Nakao on the Future of Asia’s Growth Story
Podcast
- Evidence increasing of link between globalization and declining labor income share
- Viet Nam needs major changes to meet its renewable energy goals
- Internal migration rules decrease trade benefits, increase disparity in the PRC
- Manufacturing in developing countries benefits from quality service firms
