Sharma, P. and Gounder, Neelesh N. (2013) Supply side obstacles to financing the private sector: empirical evidence from a small island developing state. The Journal of Pacific Studies, 33 (1). pp. 4-24. ISSN 1011-3029
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Abstract
In light of the positive growing finance–private sector–economic growth findings, this article examines, from a supply side perspective, obstacles to private sector financing in Fiji, a growth deprived, small island developing state in the Pacific region. A survey of 80 percent of formal financial institutions reveals that, contrary to popular belief, financing the private sector may not be a major problem. However, the prevalent relationship – lending practices, good profits and well-managed risks, together with moderate growth in private sector credit – also suggests that suppliers may be concentrating on a systematically selected small group of connected borrowers, resulting in the wider private sector, including many SMEs, being left out. Growth and development implications extend to developing economies across the Pacific.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of Business and Economics (FBE) > School of Economics |
| Depositing User: | Neelesh Gounder |
| Date Deposited: | 27 Jan 2014 04:56 |
| Last Modified: | 06 Jul 2016 23:10 |
| URI: | https://repository.usp.ac.fj/id/eprint/7139 |
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