Vol 1, No 1 (2013)
Access to Finance: Case of the Baltic States
Ramona Rupeika-Apoga
Abstract
The purpose of this research is by analysing financial resources availability in the three Baltic States to develop recommendations for improving access to financial services. The research methodology used in this paper starts with a literature review in order to highlight the importance of financial services availability from companies and financial market perspectives. The analysis conducted in this paper is based on data and statistics provided mainly by the Baltic States Central banks, by certain empirical studies and by the World economic forum data base. During development of the paper the generally accepted qualitative and quantitative methods of economic research were used including comparative analysis and synthesis, graphical illustration methods. To analyse access to finance is a multifaceted task, the author of the paper in this research has mostly concentrated on the main sources of finance: loans, stock markets and venture capital. The study results highlight the need to recognize that countries require sound and at the same time well-functioning financial markets. Only in this case financial markets can provide resources for investments as sound banking loans, properly regulated securities exchanges, venture capital, and other sources.
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Keywords
Access to finance; Financial market efficiency; Loans; Stock markets; Venture capital
Publication information
Volume 1, Issue 1
Year of Publication: 2013
ISSN: 1857 - 8721
Publisher: EDNOTERA
How to cite
Rupeika-Apoga, R.: Access to Finance: Case of the Baltic States. Journal of Applied Economics and Business, Vol 1, No. 1, 32-38. (2013)