A preliminary review of policy responses to enhance SME access to trade financing in the Caribbean

cepal.bibLevelDocumento Completo
cepal.callNumberLC/TS.2020/4
cepal.docTypeSeries
cepal.jobNumberS1901210_en
cepal.regionalOfficePuerto España
cepal.topicEngFINANCIAL INCLUSION
cepal.topicEngINTERNATIONAL TRADE
cepal.topicEngMICRO, SMALL AND MEDIUM-SIZED ENTERPRISES (MSMES)
cepal.topicEngTRADE FACILITATION
cepal.topicSpaCOMERCIO INTERNACIONAL
cepal.topicSpaFACILITACIÓN DEL COMERCIO
cepal.topicSpaINCLUSIÓN FINANCIERA
cepal.topicSpaMICRO, PEQUEÑAS Y MEDIANAS EMPRESAS (MIPYME)
cepal.workareaEngINTERNATIONAL TRADE AND INTEGRATION
cepal.workareaSpaCOMERCIO INTERNACIONAL E INTEGRACIÓN
dc.contributor.authorCharles, Don
dc.contributor.authorMcLean, Sheldon
dc.coverage.spatialEngCARIBBEAN REGION
dc.coverage.spatialSpaCARIBE
dc.date.accessioned2020-01-29T16:08:51Z
dc.date.available2020-01-29T16:08:51Z
dc.date.issued2020-01-28
dc.description.abstractThe economies of the Caribbean face several challenges, such as a lack of economies of scale in production of goods and services exacerbated by small populations, narrow internal markets and scarce capital, which limit the economic gains from self-sufficiency. For this reason, more emphasis should be placed on building export capacity and facilitating trade. If we examine the characteristics of firms in the subregion, the majority can be categorized as small and medium-sized enterprises (SMEs). Moreover, only about 13 per cent of these SMEs export. This suggests that on average the subregion is not utilising its potential to generate gains from international trade. Access to finance is a key factor that hinders the subregion’s small businesses from developing their export capacity. Given the importance of business finance, this study explores the factors that limit the subregion’s entrepreneurs from accessing finance and makes policy recommendations to address this challenge.
dc.description.tableOfContentsAbstract .-- Introduction .-- I. Characteristics of the SMEs in the Caribbean .-- II. Overview of the financial sector and financial institutions in the Caribbean .-- III. Rigidity in finance for the Caribbean SMEs .-- IV. Financing options for SMEs in Trinidad and Tobago, Barbados, Jamaica, and the Eastern Caribbean .-- V. A consideration of policy prescriptions to enhance SME access to trade finance .-- VI. The way forward.
dc.formatTexto
dc.format.extent51 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/CAR/TS.2019/11
dc.identifier.unSymbolLC/TS.2020/4
dc.identifier.urihttps://hdl.handle.net/11362/45101
dc.language.isoeng
dc.physicalDescription51 p.
dc.publisherECLAC
dc.publisher.placePort-of-Spain
dc.relation.isPartOfSeriesStudies and Perspectives Series (The Caribbean)
dc.relation.isPartOfSeriesNo88
dc.rights.coarDisponible
dc.subject.unbisEngSMALL AND MEDIUM ENTERPRISES
dc.subject.unbisEngBUSINESS FINANCING
dc.subject.unbisEngINTERNATIONAL TRADE
dc.subject.unbisEngTRADE FACILITATION
dc.subject.unbisEngFINANCIAL INSTITUTIONS
dc.subject.unbisSpaPEQUEÑAS Y MEDIANAS EMPRESAS
dc.subject.unbisSpaFINANCIAMIENTO DE EMPRESAS
dc.subject.unbisSpaCOMERCIO INTERNACIONAL
dc.subject.unbisSpaFACILITACION DEL COMERCIO
dc.subject.unbisSpaINSTITUCIONES FINANCIERAS
dc.titleA preliminary review of policy responses to enhance SME access to trade financing in the Caribbean
dc.type.coarlibro
dspace.entity.typePublication
relation.isAuthorOfPublication90cf9db2-ebc7-44b3-9985-2af533c71b4a
relation.isAuthorOfPublication055761f3-d88f-4f0a-ae1b-6b120a27d04a
relation.isAuthorOfPublication.latestForDiscovery90cf9db2-ebc7-44b3-9985-2af533c71b4a
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