Publications

IOSCO Research Report on Financial Technologies (Fintech)

The Board of the International Organization of Securities Commissions (IOSCO) tasked the Committee on Emerging Risks (CER) to collaborate with other IOSCO Committees and lead a study on the evolution of Financial Technologies, including its intersection with securities markets regulation.

Publications

Publications

Financing Patterns of European SMEs Revisited : An Updated Empirical Taxonomy and Determinants of SME Financing Clusters
This EIF Working Paper investigates financing patterns of European SMEs by looking at different financing instruments and their complementary or respectively substitutive use, based on the SAFE dataset collected in 2015. Applying cluster analyses, the authors develop an empirical taxonomy of SME financing patterns in Europe. In order to...
Global Report on Islamic Finance: Islamic Finance - A Catalyst for Shared Prosperity?
Income inequality has increased considerably in the aftermath of the financial crisis of 2007–08 to the extent that one percent of global population possess almost half of the global assets. Whereas the development community is unanimous to tackle growing inequality and imbalance in the distribution of wealth, there is a difference of opinion as...
Better Life Breakthroughs: Innovation in Investment
In a global investment landscape that at times appears rife with uncertainty and beset by bubbles and busts, two main areas stand out both as pockets of opportunity and as major forces for change: sustainable, responsible and impact (SRI) investing—that is, investment that considers environmental, social and governance criteria as well as returns—...
Global Entrepreneurship Monitor 2016-2017
The Global Entrepreneurship Monitor is the world's foremost study of entrepreneurship. Through a vast, centrally coordinated, internationally executed data collection effort, GEM is able to provide high quality information, comprehensive reports and interesting stories, which greatly enhance the understanding of the entrepreneurial phenomenon -...
Guaranteeing Social Enterprises – The EaSI way
This Working Paper summarises the current state of the external financing markets of the Social Enterprises targeted by the Employment and Social Innovation (EaSI) guarantee program. The report starts by elaborating on the interpretation of what constitutes a Social Enterprise under the EaSI program. It goes on to provide an overview of the EaSI...
IOSCO Research Report on Financial Technologies (Fintech)
The Board of the International Organization of Securities Commissions (IOSCO) tasked the Committee on Emerging Risks (CER) to collaborate with other IOSCO Committees and lead a study on the evolution of Financial Technologies, including its intersection with securities markets regulation. IOSCO is the international body that brings together the...
The World Federation of Exchanges (WFE) recognises the importance of ensuring small and medium enterprises (SMEs) can access equity market financing. This research identified globally-consistent barriers and opportunities for enhancing access to equity market finance. The research results are derived from surveys of companies, investors and market...
Expanding Women's Financial Inclusion in Bangladesh
The participation of women in business is increasingly being recognized as fundamental to economic growth. With women representing half the labor force aged 15–49 in Bangladesh, accelerating entrepreneurship and access to finance will be pivotal to socio-economic development in the country. According to the Bangladesh Labor Force Survey of 2013,...
China MSME Finance Report 2016
This is the eighth annual report on China's MSME finance development, produced by a team led by Shi Jianping and Yang Rubing of the Central University of Finance and Economics. The report provides a comprehensive review on the development of the so-called Micro and Small Finance (MSF) market in China, meaning credit services to Small and Micro...
Africa and Middle East Alternative Finance Benchmarking Report
This report, jointly produced by the Cambridge Centre for Alternative Finance (CCAF) and Energy 4 Impact with the support of UKAid and CME Group Foundation, is the first study of its kind that systematically and comprehensively reports the size and growth of crowdfunding and peer-to-peer lending markets in Africa and the Middle East. This is the...