Long-term finance plays an important role in economic development. Extending the maturity structure of finance is often considered to be at the core of sustainable financial development. Long-term finance, frequently defined as all funding for a time frame exceeding one year, may contribute to faster growth, greater welfare, shared prosperity, and enduring stability in two important ways: by reducing rollover risks for borrowers, thereby lengthening...
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INFORMATION
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2015/09/14
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Publication
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99100
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1
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2015/09/14
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Disclosed
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Global financial development report 2015-2016 : long-term finance
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small and medium enterprise
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