Janda, Karel (2009): The Origins of Czech Credit Guarantees Programs and the Value of Guarantee Fund Portfolio on Czech Stock Exchanges.
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This paper provides an overview of the credit provision in the Czech Republic at the beginning of the transition period. We show the economic forces leading to the creation of specialized government credit guarantee institution. While we provide a brief overview of different credit support institutions, we concentrate on credit guarantees in Czech agriculture, food industry and forestry. Besides the description of credit support activities, we also pay attention to financial sources of credit guarantee institution. Important financial source was its stock endowment which originated in the Czech privatization scheme. We provide an estimation of the value of this initial endowment according to two stock markets operating in the Czech Republic.
|Item Type:||MPRA Paper|
|Original Title:||The Origins of Czech Credit Guarantees Programs and the Value of Guarantee Fund Portfolio on Czech Stock Exchanges|
|Keywords:||Subsidies; Guarantees; Rural Development; Stock Market; Portfolio|
|Subjects:||G - Financial Economics > G1 - General Financial Markets > G11 - Portfolio Choice; Investment Decisions
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R5 - Regional Government Analysis > R51 - Finance in Urban and Rural Economies
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q14 - Agricultural Finance
|Depositing User:||Karel Janda|
|Date Deposited:||19. Dec 2009 13:47|
|Last Modified:||13. Feb 2013 08:49|
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