Secured transactions reforms enable borrowers to use assets other than land and buildings, such as vehicles, machinery, inventory, and accounts receivable, as collateral for loans. PSDI's Jeremy Cleaver, Katherine Passmore, and Simon Thompson explain.
A new, PSDI-supported informal business survey in Tonga will help inform government programs and business services for the country's informal sector, Economic Empowerment of Women Expert Sarah Boxall says.
Women are increasingly holding senior leadership and decision-making roles in the Pacific business community, PSDI Economic Empowerment of Women Expert Sarah Boxall writes in DevPolicy Blog.
Accessing credit is difficult for businesses in the Pacific. While there’s enough liquidity in the banking system, the ratio of private sector credit to GDP is in most cases less than 50 percent—similar to the level in many South Asian and South American countries.