Bank financing of small and medium-sized companies in Argentina (2002 - 2009)

From 2003 to 2007, the Argentine economy experienced one of its most intensive and extensive phases of growth in recent decades. In this new scenario, small and medium-sized companies (pymes) registered notable economic performance and recovered the dynamism they had lost in the previous decade. Nev...

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Detalles Bibliográficos
Autores: Allami, Cecilia, Cibils, Alan
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2011
País:México
Institución:UNIVERSIDAD NACIONAL AUTÓNOMA DE MÉXICO
Repositorio:Problemas del Desarrollo. Revista Latinoamericana de Economía
Idioma:español
OAI Identifier:oai:ojs.pkp.sfu.ca:article/24972
Acceso en línea:https://www.probdes.iiec.unam.mx/index.php/pde/article/view/24972
Access Level:acceso abierto
Palabra clave:crédito
estructuralismo
financiamiento del desarrollo
pequeñas y medianas empresas
sistema bancario
credit
structuralism
development finance
small and medium-sized companies
banking system
Descripción
Sumario:From 2003 to 2007, the Argentine economy experienced one of its most intensive and extensive phases of growth in recent decades. In this new scenario, small and medium-sized companies (pymes) registered notable economic performance and recovered the dynamism they had lost in the previous decade. Nevertheless, the Argentine pymes’ limitedaccess to credit markets is a widely recognized phenomenon, which limits the possibilitiesfor the growth and expansion of these companies. This paper analyzes the bank credit effectively extended to the pymes during the period 2002-2009 in Argentina. It concludes that there is a need for intervention and regulation by the Argentine State in the banking market, as well as a redefinition of credit policies for public entities and otherpolicies focused on improving the financing of these companies.