Credit, SMEs, Structural Adjustment, Developing Countries.


In this paper, an attempt was made to analyse the impact of SAP and related financial reform on SMEs. The experience of East Asian economies has shown that Governments can intervene successfully in financial markets by creating financial institutions and directing credit in ways that promote both economic stability and growth. Other developing countries can draw useful lessons from the East Asia experience.

Author Bio

The author is a staff of Central Bank of Nigeria.

Publication Title

CBN Bullion


No 3


Vol. 19

Included in

Economics Commons


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