The typology of partial credit guarantee funds around the world

T.H.L. Beck, L. Klapper, J.C. Mendoza

Research output: Contribution to journalArticleScientificpeer-review

Abstract

This paper presents data on 76 partial credit guarantee schemes across 46 developed and developing countries. Based on theory, we discuss different organizational features of credit guarantee schemes and their variation across countries. We focus on the respective role of government and private sector and different pricing and risk reduction tools and how they are correlated across countries. We find that government has an important role to play in funding and management, but less so in risk assessment and recovery. There is a surprisingly low use of risk-based pricing and limited use of risk management mechanisms.
Original languageEnglish
Pages (from-to)10-25
JournalJournal of Financial Stability
Volume6
Issue number1
Publication statusPublished - 2010

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Credit guarantee
Pricing
Developing countries
Private sector
Risk management
Role of government
Funding
Government
Risk assessment
Risk reduction
Developed countries

Cite this

Beck, T. H. L., Klapper, L., & Mendoza, J. C. (2010). The typology of partial credit guarantee funds around the world. Journal of Financial Stability, 6(1), 10-25.
Beck, T.H.L. ; Klapper, L. ; Mendoza, J.C. / The typology of partial credit guarantee funds around the world. In: Journal of Financial Stability. 2010 ; Vol. 6, No. 1. pp. 10-25.
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Beck, THL, Klapper, L & Mendoza, JC 2010, 'The typology of partial credit guarantee funds around the world', Journal of Financial Stability, vol. 6, no. 1, pp. 10-25.

The typology of partial credit guarantee funds around the world. / Beck, T.H.L.; Klapper, L.; Mendoza, J.C.

In: Journal of Financial Stability, Vol. 6, No. 1, 2010, p. 10-25.

Research output: Contribution to journalArticleScientificpeer-review

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