LOAN AND GUARANTEE FUNDS DEVELOPMENT PERFORMANCE STABILITY

ISBN: 978-83-8220-163-5   143 stron format: B5 oprawa: twarda Rok wydania: 2020

The monograph is scientifically valuable, innovative and brings the high potential for application. The discussed topics are up to date and significant for both theory and economic practice. The literature review presented herein is of high academic quality, as is the rich empirical part which covers the stages of development of loan and guarantee funds, provides a comparison of their functioning in different countries and analyses their financial standing in the context of regional development.

The monograph may be addressed to representatives of the economic practice as well as academics, in particular those specialising in public finance, local government finance, accounting and management of corporate finance.

All in all, it is a valuable publication, not only on the Polish publishing market.

SPIS TREŚCI

Introduction

Chapter I. Capital gap - a barrier for development
1. Regional and local development
2. Capital gap in small and medium enterprises
2.1. Capital gap - phenomenon explained
2.2. Theoretical approaches to capital gap
2.3. Measurement of the capital gap
3. Guarantee and loan schemes as policy instruments for support of small and medium enterprises

Chapter II. Loan and guarantee funds in Poland - attempt at closing the capital gap
1. Economic transformation in Poland
2. Loan funds in Poland
3. Guarantee funds in Poland
4. Role of loan and guarantee funds in closing the capital gap in Poland

Chapter III. Development and business models of loan and guarantee funds in Poland
1. Phase I: 1992-2003
2. Phase II: 2004-2013
3. Phase III: 2014-2020

Chapter IV. Loan and guarantee schemes and funds in chosen European countries
1. France
2. United Kingdom
3. Turkey
4. Austria
5. Czech Republic
6. Germany
7. Hungary
8. Slovakia
9. Italy
10. Comparative analysis of guarantee and loan schemes in Europe

Chapter V. Performance of loan and guarantee funds in Poland - an approach to assessment and evaluation
1. Dimensions of performance and research questions
2. Guarantee funds‘ and loan funds‘ performance in the context of regional development level
3. Stability of loan and guarantee funds

Conclusions, study limitations and further research

References

List of tables

List of figures

Appendix 1. Key information on guarantee funds in Poland (active on the day 1.01.2018)

Appendix 2. Key information on loan funds in Poland (active as of 31.01.2020)