Publications

Financing sustainable growth for SMEs globally: The case for a coordinated G20 policy approach

The global economy continues to perform below potential and suffer from significant uncertainty. Despite G20 leaders committing, in 2014, to measures aimed at raising GDP by 2% by 2018 a lack of structural reform and serious constraints for financing along Global Value Chains (GVCs) continue to drag on growth.

Publications

Publications

Liquidity events and returns of EIF-backed VC investments
Despite the sometimes intensive media coverage and exuberant storytelling around the industry, venture capital (VC) investors tend to operate in highly opaque markets. On this premise, this work contributes to the literature via a hand-collected dataset of about 3,600 EIF-backed VC investments made in the 1996-2015 period, with the aim to analyse...
Crowdfunding and Financial Inclusion
A financial innovation! The fastest growing financial industry! The next big thing in finance! Crowdfunding has garnered a lot of attention for its potential to further financial inclusion efforts. “Crowdfunding” typically describes a method of financing whereby small amounts of funds are raised from large numbers of individuals or legal entities...
G20 Workshop on 'Helping SMEs Go Global' : Chair's Summary
Hosted by the German Presidency on February 24, the G20 workshop “Helping SMEs Go Global - Moving Forward in SME Finance“, brought together more than 150 experts from G20 countries, development finance institutions, and the private sector to discuss issues related to advancing financial inclusion for small and medium-sized enterprises (SMEs)...
GPFI SME Finance Subgroup: 2017 Work Plan
Consistent with the theme of Germany's G20 Presidency in 2017, "Shaping an interconnected world", the GPFI SME Finance Subgroup will work on the implementation of the following priorities in 2017: Review and update of the G20 Financial Inclusion Action Plan; Roll out of the G20 Implementation Framework on SME financing; Financial Services for SMEs...
Bank Ownership: Trends and Implications
This paper presents recent trends in bank ownership across countries and summarizes the evidence regarding the implications of bank ownership structure for bank performance and competition, financial stability, and access to finance. The evidence reviewed suggests that foreign-owned banks are more efficient than domestic banks in developing...
Risks and Returns: Managing Financial Trade-Offs for Inclusive Growth in Europe and Central Asia
This Report argues for reaching beyond increasing access to credit. Countries within Europe and Central Asia (ECA) must build integrated financial systems, enabling prudent inclusion in a region significantly lagging in the use of saving products. Striking the right balance across all dimensions of financial development (stability, efficiency,...
Untapped Unicorns: Scaling up Female Entrepreneurship
Do men make better entrepreneurs than women? A wealth of academic studies and the successes of the women who make up the Female Founders Forum would suggest not. Yet we know that a significant proportion of funding — be it at seed or Series C+ level — goes towards male founded or led companies. In 2016, the entrepreneurs network, with the support...
Fintech in MENA: Unbundling the financial services industry
This report was created with the aim to inform entrepreneurs, investors, policymakers, large corporations and the general public about the opportunities and challenges for fintech startups in MENA.IN particular this report tries to answer the following questions: What are the drivers and barriers for fintech in MENA? What solutions are fintech...
Sponsorship Brochure - Global SME Finance Forum 2017
The Global SME Finance Forum is an annual global meeting of leaders from banks, fintech companies and government institutions, working on accelerating access to finance for small businesses. This year’s event will take place in Berlin, Germany, which also holds the G20 Presidency. The action-packed 3–day event will include study visits to high-...
Marketplace lending 2.0: Bringing on next stage in lending
Marketplace lending is on the cusp of transformation—again. Banks, marketplace lenders (MPLs), fintech firms, and other organizations are converging into a digitized and efficient ecosystem. For MPLs that want to develop and evolve, tactical partnerships and lending as a service may be key. Read this report to examine the future of lending and...