Handbook

Toolkit for Impact Evaluation of Public Credit Guarantee Schemes for SMEs

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collection.link.98
https://openknowledge.worldbank.org/handle/10986/2206
collection.name.98
Other Public Sector Study
dc.contributor.author
World Bank Group
dc.date.accessioned
2018-10-05T18:44:52Z
dc.date.available
2018-10-05T18:44:52Z
dc.date.issued
2018-09
dc.description.abstract
Limited access to finance, particularly bank credit, is a long-standing hurdle for Small and Medium Enterprise (SMEs), with varying severity of financing constraints across countries. SMEs face higher transaction costs and higher risk premiums since they are typically more opaque and have less or inadequate collateral to offer. Financing is also a major constraint in advanced economies, where financing gaps for SMEs were exacerbated by the 2008-2009 financial and economic crisis. SMEs face higher transaction costs and higher risk premiums since they are typically more opaque and have less or inadequate collateral to offer. These market failures and imperfections provide the rationale for government intervention in SME credit markets. An increasingly popular form of government intervention is represented by credit guarantee schemes (CGSs). These are specialized institutions or programs set up by the government which pledge to repay some or the entire loan amount to the lender in case of default of the SME borrower. The toolkit for impact evaluation of public credit guarantee schemes for SMEs has been created with the objective of identifying a set of uniform methodologies for assessing the financial and economic impact of public CGSs as systematically and objectively as possible. After the introductory Module, the Toolkit is divided in nine parts. Module 2 provides an overview of impact evaluation and introduces different modalities of impact evaluation such as prospective and retrospective evaluations. Module 3 provides a roadmap for designing and implementing a CGS impact evaluation. The later modules (5 through 10) finally touch upon some operational steps to implement an impact evaluation such as collecting data, setting the evaluation team, budgeting and timing for the evaluation, and producing and disseminating the results.
en
dc.identifier
http://documents.worldbank.org/curated/en/791401538377858573/Toolkit-for-Impact-Evaluation-of-Public-Credit-Guarantee-Schemes-for-SMEs
dc.identifier.uri
http://hdl.handle.net/10986/30514
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
SMALL AND MEDIUM ENTERPRISES
dc.subject
CREDIT GUARANTEES
dc.subject
PUBLIC FINANCIAL MANAGEMENT
dc.subject
IMPACT EVALUATION
dc.subject
MONITORING AND EVALUATION
dc.subject
CREDIT SCORING MODEL
dc.title
Toolkit for Impact Evaluation of Public Credit Guarantee Schemes for SMEs
en
dc.type
Handbook
en
okr.date.disclosure
2018-09-30
okr.doctype
Economic & Sector Work :: Other Public Sector Study
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/791401538377858573/Toolkit-for-Impact-Evaluation-of-Public-Credit-Guarantee-Schemes-for-SMEs
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b086324a7e_1_0
okr.identifier.internaldocumentum
30460510
okr.identifier.report
130358
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/791401538377858573/pdf/130358-WP-PUBLIC-Toolkit-Toolkit-for-Impact-Evaluation-of-Public-Credit-Guarantee-Schemes-for-SMEs.pdf
en
okr.topic
Finance and Financial Sector Development :: Access to Finance
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Finance and Financial Sector Development :: Finance and Development
okr.topic
Finance and Financial Sector Development :: Financial Sector and Social Assistance
okr.topic
Private Sector Development :: Small and Medium Size Enterprises
okr.unit
FIRST Initiative

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