Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/298161 
Erscheinungsjahr: 
2024
Schriftenreihe/Nr.: 
ADB Economics Working Paper Series No. 715
Verlag: 
Asian Development Bank (ADB), Manila
Zusammenfassung: 
Limited data on micro, small, and medium-sized enterprises (MSMEs) make it difficult for governments to design appropriate MSME policies in Asia and the Pacific. To identify factors affecting MSME development and promote evidence-based policymaking, we propose a probabilistic principal component analysis method that works despite current data limitations. The study uses time-series MSME data collected from 25 developing member countries of the Asian Development Bank (ADB) through the Asia Small and Medium-Sized Enterprise Monitor project. The estimation results suggest that sound MSME credit markets, diversified financing options, support for new businesses and job creation, and active MSME participation in global marketplaces play a critical role in ensuring a smooth business recovery from various crises and shocks affecting developing Asia and the Pacific.
Schlagwörter: 
SME development
access to finance
financial inclusion
SME policy
probabilistic principal component analysis
Southeast Asia
South Asia
Central and West Asia
the Pacific
JEL: 
D22
G20
L20
L50
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Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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