Publications Archive
Transatlantic Innovations in Affordable Capital for Small- and Medium-Sized Enterprises: Prospects for Market-Based Development Finance October 25, 2007 / Jonathan M. White
A joint report by the German Marshall Fund of the United States and the Milken Institute
Traditional state and donor-driven approaches to economic development in the SME sector have largely failed. Macroeconomic, institutional, and financial weaknesses prevail in many developing countries, hindering SME financial access and development. This report aims to invigorate a thoughtful debate on how to leverage SME potential in support of economic development, entrepreneurship, and poverty alleviation.



