enterprises (SMEs) around the world. They find that banks perceive the SME segment to be highly profitable, but perceive … macroeconomic instability in developing countries and competition in developed countries as the main obstacles. To serve SMEs banks … there are some differences in SMEs financing across government, private, and foreign-owned banks - with the latter being …

. Using a sample of 45 countries, we find a strong, positive association between the importance of SMEs and GDP per capita … growth. The data do not, however, confidently support the conclusions that SMEs exert a causal impact on growth. Furthermore …, we find no evidence that SMEs alleviate poverty or decrease income inequality …