Ardic, Oya PinarMylenko, NataliyaSaltane, Valentina2012-03-192012-03-192011-01-01https://hdl.handle.net/10986/3309In the aftermath of the global financial crisis of 2008-2009, there has been an increased interest in the role of small and medium enterprises in job creation and economic growth. However the lack of consistent indicators at the country level restricts extensive cross-country analyses of lending to small and medium enterprises. This paper introduces a new dataset to fill this gap in the small and medium enterprise data landscape. In addition, it provides the first set of results of analyses with this new dataset, predicting the global small and medium enterprise lending volume to be $10 trillion. The bulk of this volume, 70 percent, is in high-income countries. On average, small and medium enterprise loans constitute 13 percent of gross domestic product in developed countries and 3 percent in developing countries. Note that although a unique small and medium enterprise definition does not exist, differences in definitions across countries are not statistically significant in explaining the differences in small and medium enterprise lending volumes.CC BY 3.0 IGOACCESS TO CREDITACCESS TO FINANCEACCESS TO FINANCIAL SERVICESACCESSIBILITYBANK ASSETSBANK BRANCHESBANK CONSOLIDATIONBANK CREDITBANK FINANCINGBANK LENDINGBANK LOANSBANKING CONCENTRATIONBANKING RELATIONSHIPSBANKING STRUCTUREBANKING SYSTEMBANKING SYSTEM ASSETSBANKRUPTCYBANKRUPTCY LAWSBANKSBORROWERBUSINESS ENVIRONMENTBUSINESS ENVIRONMENTSCAPITALIZATIONCASH FLOWSCENTRAL BANKCENTRAL BANKSCOLLECTION PROCESSESCOMMERCIAL BANKCOMMERCIAL BANK LOANSCOMMERCIAL BANKSCONSUMER LOANSCONTRACT ENFORCEMENTCORPORATIONCOST OF CREDITCREDIT AVAILABILITYCREDIT BUREAUCREDIT CONSTRAINTSCREDIT HISTORYCREDIT INFORMATIONCREDIT MARKETCREDIT PROVIDERSCREDIT REGISTRIESCREDIT REGISTRYCREDIT SCORINGCREDIT TERMSCREDITWORTHINESSDEPENDENTDEPOSITDEPOSITSDEVELOPING COUNTRIESDEVELOPMENT BANKDOMESTIC CREDITECONOMIC DEVELOPMENTECONOMIC GROWTHEMPLOYMENTEMPLOYMENT OPPORTUNITIESENFORCEMENT PROCEDURESENTERPRISE FINANCINGENTREPRENEURSHIPEXTENSION OF CREDITEXTERNAL FINANCEEXTERNAL FINANCINGFACTORINGFEDERAL RESERVEFEDERAL RESERVE BANKFINANCE CORPORATIONFINANCIAL ACCESSFINANCIAL CRISISFINANCIAL DEVELOPMENTFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL INTERMEDIATIONFINANCIAL MARKETFINANCIAL MARKETSFINANCIAL REGULATORFINANCIAL REGULATORSFINANCIAL STRUCTUREFINANCIAL SUPPORTFINANCIAL SYSTEMSFINANCING OBSTACLESFIRM SIZEFIRMSFORMAL BANKFORMAL FINANCIAL SERVICESGLOBAL ECONOMYGROSS DOMESTIC PRODUCTHOUSEHOLDSINDIVIDUAL ENTREPRENEURSINEQUALITYINFLATIONINFORMAL ECONOMYINFORMATION SHARINGINSTITUTIONAL ARRANGEMENTSINTEREST RATEINTEREST RATE SPREADINTEREST RATESINTERNATIONAL BANKINTERNATIONAL FINANCEJOB CREATIONLACK OF ACCESSLACK OF COLLATERALLARGE BANKSLARGE ENTERPRISESLARGE FIRMSLAW ENFORCEMENTLEASINGLEGAL CONSTRAINTSLEGAL FRAMEWORKSLEGAL RIGHTSLEGAL SYSTEMSLENDERSLENDING INTEREST RATELEVELS OF CREDITLINES OF CREDITLIQUIDITYLIQUIDITY CONSTRAINTSLISTED COMPANIESLOANLOAN APPLICATIONLOAN APPLICATIONSLOAN RATELOAN RATESLOAN SIZELOAN VOLUMELOANS TO INDIVIDUALLOCAL FINANCIAL MARKETLONG-TERM LOANSMACROECONOMIC INSTABILITYMARKET CAPITALIZATIONMARKET ECONOMYMARKET SIZEMEDIUM ENTERPRISEMEDIUM ENTERPRISESNET INTEREST MARGINNUMBER OF BANKOFFSHORE CENTEROFFSHORE FINANCIAL CENTEROFFSHORE FINANCIAL CENTERSOPERATING COSTSOUTSTANDING LOANSOVERHEAD COSTSPORTFOLIOPOVERTY ALLEVIATIONPRIVATE CREDITPRIVATE CREDIT BUREAUPUBLIC CREDITREAL INTERESTREAL INTEREST RATERISK PREMIUMSSCALE ENTERPRISESSHARE OF ASSETSSIZE OF FIRMSSMALL BANKSSMALL BUSINESSSMALL BUSINESS FINANCINGSMALL BUSINESS LENDINGSMALL BUSINESSESSMALL ENTERPRISESSMALL FIRMSMALL FIRM FINANCESMALL FIRMSSMALL LOANSSMESME DEVELOPMENTSME FINANCESME FINANCINGSME LENDINGSME SECTORSME STATISTICSSUPERVISORY AGENCIESTRANSACTIONTRANSACTION COSTSTRANSITION COUNTRIESTRANSITION COUNTRYTRANSITION ECONOMIESTRANSPARENCYUNIONVENTURE CAPITALWorld Bank10.1596/1813-9450-5538