EIB Working Papers 2019/09 - The impact of international financial institutions on SMEs
The case of EIB lending in Central and Eastern Europe
Publisher Description
IFIs provide funding for SMEs, but what impact does this actually have on these firms? This working paper assesses the impact of funding by the EIB on the performance of more than 5,000 SMEs in eight countries in Central and Eastern Europe during 2008-2014. Using propensity score matching and difference-in-difference estimation exercises, it indicates that EIB lending has had a positive effect on employment, revenues and profitability. This holds whether or not the economy is in a period of crisis or recovery.
GENRE
Business & Personal Finance
RELEASED
2019
December 4
LANGUAGE
EN
English
LENGTH
56
Pages
PUBLISHER
European Investment Bank
SELLER
Bookwire Gesellschaft zum Vertrieb digitaler Medien mbH
SIZE
5.5
MB
Don't fear AI
2019
Food for change
2019
Innovation investment in Central, Eastern and South-Eastern Europe
2019
Banking in Africa: Delivering on Financial Inclusion, Supporting Financial Stability
2018
EIB Working Papers 2019/01 - Blockchain, FinTechs
2019
Banking in Africa: financing transformation amid uncertainty
2020