Sommer, Christoph - German Institute of Development and Sustainability - 2024
explore other financing sources. The World Bank and OECD have repeatedly pointed to capital markets (e.g. Thompson et al …., 2018; World Bank, 2020a). Hence, this policy brief explores the role of capital markets for SME finance in LMICs. Numerous … challenges, both on the supply and demand sides, impede SMEs' involvement with capital markets. SMEs struggle with the costs of …