Can capital markets be harnessed for the financing of small medium-sized enterprises (SMEs) in low- and middle-income countries?
            Sommer, Christoph (2024)
            
                    
Policy Brief 28/2024
                
            
            
                SMEs are key to inclusive development. Yet they are often hampered by constrained access to finance. Since their most important source of external finance, bank loans, is insufficient to meet their financing needs, this brief explores the (potential) role of capital markets for SME finance in LMICs.