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Cover for EIB Working Papers 2019/09 - The impact of international financial institutions on SMEs: The case of EIB lending in Central and Eastern Europe

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EIB Working Papers 2019/09 - The impact of international financial institutions on SMEs: The case of EIB lending in Central and Eastern Europe

Name: EIB Working Papers 2019/09 - The impact of international financial institutions on SMEs: The case of EIB lending in Central and Eastern Europe
ISBN: 9789286143748

Editor
- European Investment Bank

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Idioma: Inglés
Formato
Categoría: Negocios y finanzas

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.

Fecha de lanzamiento

Ebook: 4 de diciembre de 2019