21 june 2013
AECM Annual Seminar Rome, Italy
Panel Session 1: The Public Policy Rational for Guarantee Schemes for SME Finance
Well-designed policy interventions may be justified in periods where governments try to strengthen financial infrastructure and the regulatory framework. It may be also justified in cases where some groups remain difficult to reach, or where there is a systemic collapse of financial intermediation by private agents. Ultimately, guaranteed schemes can improve the quality of the enabling environment that further enhances the SME finance frontier.
This panel session will explore the policy rational for investing in guarantee schemes and the different approaches for PCG schemes depending on the underlying objectives.
Moderation by Roberto Rocha from the World Bank
Mr. Datuk Wan Azhar Wan Ahmad, Managing Director of CGCMB, Malaysia
Mr. Florentino Cardoso, CEO-Chairman of the Agency for Business development and Innovation (ADEI), Cape Verde
Mr. Antonio Leone, Latin American Economic System (SELA)
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